Paravaikkarasu: Oil Markets on a Knife's Edge

The transcript discusses the volatility in the oil market due to geopolitical tensions, particularly involving Russia and potential sanctions. It explores the possibility of oil prices surpassing $100 per barrel and the impact of the Iran deal on oil supply. The discussion also covers future oil price predictions and the role of OPEC in managing production levels. The overall sentiment is that geopolitical factors are significantly influencing market dynamics, with potential relief from increased Iranian oil supply if sanctions are eased.

What are the expected price levels for oil if the situation stabilizes?

In what ways could OPEC's decisions affect oil production levels?

What challenges do OPEC countries face in raising oil output?