Oil Matters Episode 58: Smiling through Turbulence

From surging Brent and WTI prices to extreme weather outages, geopolitical flashpoints and shifting trade flows, the oil landscape is entering a new phase of volatility. Add currency swings, sanctions pressure and fragile supply recoveries, and the picture becomes even harder to read.

In this episode David Fyfe (Argus Chief Economist) unpacks:

• The sharp rally in crude benchmarks and what’s driving it
• US production shut‑ins and Kazakhstan’s slow return after major disruptions
• OPEC+ holding steady amid mounting uncertainty
• A weakening US dollar, record‑breaking gold prices and rising geopolitical risk
• The real impact of renewed Venezuelan flows — and what’s hype vs reality
• Why light sweet crude curves are smiling again despite turbulence