Josh Young: Oil Is Totally Mispriced

Video Description

💡If a demand shock and higher oil prices hit, is your portfolio ready? Get a free review with Wealthion’s endorsed financial advisors at https://bit.ly/3Xsgxjx Oil demand is booming, OPEC’s real spare capacity may be close to exhausted, and a massive mining and EM growth boom is forming in the background, so why is crude still stuck around $60? In this interview with James Connor, Bison Interest’s Founder & CIO, Josh Young, explains why oil is deeply mispriced, not because of weak demand or strong supply, but because of near-historic low speculative positioning and the equivalent of over a billion “paper barrels” sold into the futures market. He breaks down OPEC’s new spare-capacity “audit,” the rise of a global shadow oil system created by weakly enforced sanctions, and why the next major move in oil may be driven by a demand shock, not a supply crisis. Josh also discusses why official data may be understating China’s true oil consumption, how inflated EV sales numbers distort the demand narrative, and why the U.S., now a net exporter, may actually benefit from higher oil prices. He finishes by outlining where he sees the best opportunities in energy today, from Canadian producers supported by a strong USD to overlooked small-cap service companies trading far below replacement cost. 💡Protect your wealth with real gold and silver through Hard Assets Alliance: https://www.hardassetsalliance.com/?aff=WTH Chapters: 0:59 - Has OPEC Finally Come Clean on Its Real Spare Capacity? 5:06 - Why Is $60 Oil So Cheap: Demand Crash or Speculation Game? 9:01 - What Do Low Oil Prices Really Mean at the Pump? 12:07 - Would Peace in Ukraine Crash or Spike Oil Prices? 18:48 - Could Regime Change in Venezuela Spark an Oil Shock? 25:57 - If China Reaccelerates, How Big Is the Oil Demand Wave? 31:17 - Is Canada Squandering Its Energy Superpower Status? 43:10 - Where Are the Best Oil Stock Bargains: Canada or the U.S.? 46:04 - Are Oilfield Service Stocks the Real Hidden Gem in Energy? 48:16 - ⭐️Wealthion Golden Nugget: What ‘Black Swan’ Could Send Oil Back to 1970s-Style Highs? Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #Oil #EnergyMarkets #Commodities #WTI #OPEC #OilPrice #Macro #Geopolitics #Futures #EnergyInvesting #GlobalMarkets #USEconomy #CanadaEconomy #OilDemand #JoshYoung ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests and our hosts do not necessarily reflect the views of Wealthion or the views of their respective employers. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.   While we value and appreciate the insights shared by our esteemed guests and hosts, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion or their respective employers. These opinions should not replace your own due diligence or the advice of a professional financial advisor.   We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.   The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.