Analyst Sen Doesn't See Sustained $100 Oil This Year

The video discusses the current state of the oil market, highlighting the tight supply and rising demand, especially in Asia post-COVID. It explores the sustainability of high oil prices, noting that income elasticity is stronger than price elasticity, which may prevent a demand slowdown. The discussion also covers the long-term outlook, emphasizing underinvestment in the oil sector and a policy mismatch as demand continues to rise despite energy transition narratives.

What factors are contributing to the rising demand for oil, particularly in Asia?

How does the current oil price compare to historical prices, particularly in relation to inflation?

Discuss the relationship between demand growth and price elasticity in the current oil market.

What are the implications of geopolitical risks on oil prices according to the discussion?

What is the expected impact of underinvestment in oil production on future supply?