What is the expected effect of OPEC and Saudi Arabia's output cuts on Brent crude oil prices?
Brent-WTI Crude Spread to Tighten, Prosper's Bauer Says

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Prices are expected to increase.
Prices are expected to decrease significantly.
Prices are expected to fluctuate randomly.
Prices are expected to remain stable.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main focus of traders when dealing with the price spread between Brent and West Texas crude oil?
The absolute price of Brent.
The hundred-day moving average of Brent.
The price spread between Brent and West Texas.
The political risk associated with Brent.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do traders typically respond when the price spread between Brent and West Texas reaches $10.5?
They sell Brent and buy West Texas.
They hold both Brent and West Texas.
They buy Brent and sell West Texas.
They ignore the spread and focus on other factors.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant factor affecting the spread between Brent and Dubai crude oil?
The setup of refineries to process sour crude.
The historical price trends of Dubai crude.
The geographical location of the oil fields.
The sweetness of the crude oil.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major risk factor currently influencing the price of Brent crude oil?
Technological advancements in oil extraction.
Political risks and risk premiums.
Environmental regulations.
Changes in consumer demand.
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