Oil insights with Harry Tchilinguirian | IE Week - First Impression | S2 E8

This Oil Insights podcast discusses the impact of potential political and economic decisions by the Trump administration on the oil market. The hosts and guests analyze the implications of potential maximum pressure sanctions on Iran, a possible peace deal in Ukraine, and the threat of new tariffs on Canadian and Mexican crude oil. They debate the likelihood of these events and their potential effects on oil prices, flows, and refining margins, citing examples such as the impact of sanctions on Iranian oil exports and the potential for increased competition from the Dangote refinery in Nigeria. The discussion concludes with predictions for oil prices in the coming quarter, with a consensus leaning towards a price range of $70-$75 per barrel. The panelists highlight the uncertainty surrounding several factors and suggest that trading spreads might be a more effective strategy than focusing solely on flat price predictions.