Inside Look at the Bearish Side of Oil

The video discusses the current dynamics in the oil market, highlighting both bearish and bullish trends. Libya's increased oil production and the potential impact of OPEC's decisions are examined. Short-term bullish indicators, such as API data showing a stock draw, are contrasted with long-term bearish views due to ongoing production by OPEC members. The video also covers market reactions, trading strategies, and the importance of upcoming OPEC meetings.

What are the bullish and bearish perspectives discussed in the text?

What trading strategy is suggested in relation to the OPEC meeting?