In today’s Daily Energy Markets podcast, analysts Paul Horsnell, Giacomo Prandelli, and Danial Rahmat unpack oil market stability, shifting geopolitical pressures, and the evolving roles of Europe, China, and Iran in global energy dynamics. Paul Horsnell notes oil markets remain steady, with backwardation and little evidence of a widely discussed supply glut. Giacomo Prandelli highlights Europe’s rising US LNG dependence and China’s strategic commodity stockpiling. Danial Rahmat says Iranian exports remain resilient but face deep discounts and economic strain, while regional geopolitics stay volatile yet unlikely to disrupt crude flows significantly.
