Bell: Anxiety Over China's Covid Policy Hurting Oil

The video discusses the impact of China's economic slowdown on global oil demand and prices, highlighting the role of China's COVID-19 policies. It examines the Strategic Petroleum Reserve's influence on oil prices and the lack of market buffers. The discussion shifts to the proposed price cap on Russian oil by the US and G7, considering geopolitical implications. Finally, it explores oil price predictions, the potential for price increases, and the strength of the US dollar compared to other currencies.

What challenges does Russia face regarding the proposed price cap on its oil?

What implications could a stronger dollar have on global oil demand?

How do the economic conditions in the eurozone and the UK compare to those in the United States?