Refining Wars & The Early Stages Of An Energy Crisis

Articles From: Real Vision
Website: Real Vision

On the “upward pressure” side are longer-term macro variables and infrastructure neglect as well as renewed geopolitical instability, punctuated by Russia making war on Ukraine.

On the “downward pressure” side are rising recession fears and potential demand destruction as well as the possibility President Joe Biden will extract some sort of promise of increased OPEC production during his visit to Saudi Arabia.

While the price of crude oil is fluctuating now, it will be permanently higher in the future. That’s according to Energy Outlook Advisors Managing Partner Anas Alhajji, who also believes we’re in the early stages of an energy crisis.

Anas joins Tony Greer of TG Macro for a far-ranging energy discussion, covering such ground as whether Mohammad bin Salman will be receptive to Biden’s entreaty, and why, to some, ESG is a religion.

Anas and Tony also address the crises in Sri Lanka and Europe and the trade-offs the U.S. must make to contain prices at the pump. Recorded on July 12, 2022.

Thanks for watching Real Vision Finance!

Originally Posted July 29, 2022

Disclosure: Interactive Brokers

Information posted on IBKR Campus that is provided by third-parties does NOT constitute a recommendation that you should contract for the services of that third party. Third-party participants who contribute to IBKR Campus are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from Real Vision and is being posted with its permission. The views expressed in this material are solely those of the author and/or Real Vision and Interactive Brokers is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to buy or sell any security. It should not be construed as research or investment advice or a recommendation to buy, sell or hold any security or commodity. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Disclosure: Futures Trading

Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading futures, please read the CFTC Risk Disclosure. A copy and additional information are available at