CIBC's Senior Energy Trader Rebecca Babin on Oil Outlook

Rebecca Babin discusses the current state of the energy market, focusing on production expectations, geopolitical influences, and the dynamics of supply and demand. She highlights the cautious approach of energy companies towards CapEx and the emphasis on shareholder returns. The discussion also covers the potential impact of geopolitical factors, such as US-Saudi relations and Russian sanctions, on the global energy market.

How does the relationship between the US and Russia affect the energy market?

What are the implications of the current production levels on crude oil prices?

What factors are contributing to the demand dynamics in the energy market?

Discuss the potential consequences of increased CapEx in the energy sector.

What challenges does Saudi Arabia face in managing its oil production capacity?