Why Oil Price Rally Is Not Over | Energy Crisis You Must Know That Also Affects Coal And Natural Gas
Is the oil price rally is not over. We could in fact see a much bigger price squeeze coming!
On 22Feb2022, that was the first sign of crisis and the first new high in brent oil prices. Hear what Elon Musk has to say about oil and energy problems.
0:00 Introduction
1:37 Oil price vs inflation adjusted prices of past crisis
2:23 Data on worlds biggest oil producers and oil consumers
That is where supply and demand will be coming from
China covid lockdowns and it's impact on oil prices
Why China and India have not sided fully with the west in their sanctions
5:19 How china sustains its immense energy requirements?
Coal is a big source and something that has gained massively in the last 1year
Indonesia and Australia can export but is it enough?
Europe have been importing more coal in recent months
7:42 Natural gas
Nord stream 1 is still supplying gas to Germany
Singapore using natural gas to produce electricity and expect cost to increase
#oilprice #naturalgas #energycrisis #coal
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Josh holds a degree in Accounting from NTU. In 2016, he co-founded the financial education website TheAstuteParent to provide detailed insurance plan analysis and financial planning tips.
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