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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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On Friday, November 7, the Oxford Institute for Energy Studies (OIES) held its annual Oil Day, themed "Navigating Oil Narratives." The event was organized around three main sessions:
- Oil demand prospects in the context of an uncertain macroeconomic and geopolitical environment
- Supply outlooks, covering U.S. shale, OPEC+, and non-OPEC+ producers outside the United States
- Inventory dynamics, including traditional relationships such as inventories versus time spreads, and the influence of hedge funds and other non-commercial participants in oil markets
In this podcast, Bassam Fattouh and Paul Horsnell discuss the key insights and themes that emerged during OIES Oil Day, including revisions to demand prospects, the significance of rising crude on water, China's crude stock behaviour, the drivers behind OPEC+8 decision to unwind its voluntary cuts, the outlook for U.S. shale, the change in the traditional relationships between stocks and time spreads, and recent shifts in hedge fund strategies.
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