Here's Why Oil Futures Have Fallen to a Two-Year Low

What recent action by Saudi Arabia has influenced oil prices?

• Raising prices for European customers

• Halting oil exports

• Lowering prices for Asian customers

• Increasing oil production

Which two countries announced a long-term natural gas deal that impacts the energy market?

• Saudi Arabia and Iran

• India and Brazil

• Nigeria and the USA

• Russia and China

What unusual trend was observed in US gasoline inventories during the driving season?

• Inventories rose to a high level

• Inventories remained stable

• Inventories were depleted

• Inventories decreased significantly

What percentage of oil producers are hedged going into next year, according to the transcript?

• 70%

• 30%

• 90%

• 50%

What financial issue do oil producers face due to low prices?

• Increased profits

• Stable revenues

• Cash flow compression

• Higher demand