Oil Investors Set to `Make a Killing,' Credit Suisse Says

The transcript discusses the suspension of the economy and the role of ETFs in the oil market, highlighting the lack of storage capacity for crude oil. It mentions a significant inflow into US oil funds just before a market crash, indicating a search for a market bottom. The crisis is exacerbated by a dispute between Riyadh and Moscow, affecting oil producers who were unprepared for the pandemic's impact. The world is running out of oil inventories, leading to an unsustainable situation. A U-shaped recovery is expected, with oil prices predicted to rise significantly over the next year.

What is the expected recovery pattern for the oil market according to the text?

What implications does the current oil price level have for the market?