Goldman Sachs Sees Oil Back Above $70 on Anticipated OPEC Cut

The transcript discusses the complex dynamics of the oil market, highlighting the influence of political factors, investment challenges, and supply concerns. It emphasizes the role of OPEC and the impact of underinvestment in oil megaprojects. The discussion also covers the microeconomic aspects affecting oil prices, particularly in emerging markets, and the global economic implications of fluctuating oil prices. The shift towards low carbon investments and its effect on traditional oil investments is also explored.

What are the potential consequences of a demand strike in emerging markets?

How are banks influencing the investment strategies of smaller oil companies?

What strategies are big oil companies adopting in response to the low carbon shift?