Video: 10 Minutes About Oil

Welcome to “10 Minutes About” from Global Risk Management. Chief Analyst Arne Lohmann Rasmussen and PA Arma Selimovic discuss current developments in the oil market and what’s shaping price movements.

They explore whether 70 dollars is becoming the new normal, as demand concerns from 2024 remain and the focus in 2025 shifts to supply. OPEC’s plan to gradually reintroduce oil starting April 1st is also discussed, alongside internal challenges in enforcing production quotas among member countries.

Arne highlights key geopolitical factors, including sanctions on Iran, Venezuela, and Russia. He explains how these measures, particularly on heavy crude from Venezuela and Iranian exports, are influencing supply dynamics and price trends.

Finally, they touch on U.S. production outlooks, the limits of a “Drill baby, drill” approach at current price levels, and the recent return of speculators to the market.

GRM in the media

Many international media channels and journalists have invited our Chief Analyst & Head of Research, Arne Lohmann Rasmussen, to share his expert insights on the oil, gas, and energy markets. Click a logo to see our specialist commentary:

Iran to close the Strait of Hormuz: It could be costly for Denmark.

Maduro overthrow in oil-rich Venezuela unlikely to shake energy markets in the near term.

Strait of Hormuz ship traffic slows to a crawl. Here’s what to know about the key oil waterway.

Strait of Hormuz: What happens if Iran shuts global oil corridor?

European Union’s US gas use set to soar, increasing price volatility.

Missile fears slow traffic in the Strait of Hormuz – energy prices rise.