Amos Hochstein asserts that there is currently a divergence between the stock market's perception of oil prices and the reality of the physical oil market.

Amos Hochstein predicts that the world will face a "cliff" of physical shortages in oil and oil products by the end of the current month.

Amos Hochstein states that the price of oil has risen to $110 per barrel, nearly doubling from the $60 per barrel price at the start of the year.

Amos Hochstein predicts that physical oil shortages will progressively impact middle-income nations like Vietnam and Thailand, followed by developed countries such as Japan and South Korea.

Amos Hochstein asserts that the actual physical market price for a barrel of Brent crude is between $145 and $170, significantly higher than the $110 paper price shown on financial terminals.