In this Global Energy Outlook Forum closinginterview, Anas Al Hajji argues oil prices remain rangebound asstrategic stockpiling, not oversupply, shapes markets. He says China’s recordinventories reflect national security strategy, not weak demand. Alhajji warnsVenezuela’s impact is about crude quality, not volume, while AI-driven powerdemand and geopolitics pose underpriced upside risks for oil markets.