Oil Analyst Shover Sees Lower Year-End Prices on Slowing Demand

The video discusses the factors influencing oil prices, including Saudi production cuts, Iran sanctions, and geopolitical tensions in Venezuela and Iraq. It also examines the impact of dollar weakness and currency dynamics, particularly in relation to the RMB and European currencies. Additionally, the video explores the role of gold as a safe haven during economic crises, noting that current trade wars may not favor gold's performance.

What factors are influencing the oil prices according to Larry Schober?

How does Larry Schober view the long-term global demand growth for oil?

What is Larry's perspective on the impact of dollar weakness on the market?

Why does Larry believe gold is not performing its role as a safe haven?

What does Larry suggest about the relationship between trade wars and the economy?