$45 Crude 'Will Be the Battleground,' Analyst Cusick Says

The video discusses the unexpected drop in crude oil prices from $75 to $45 and the associated market volatility. It highlights the challenges faced by the equity markets and the impact of the government shutdown on crude stock reports. The speaker advises monitoring crude option markets to understand pricing trends and potential price movements in the coming months. Predictions for crude prices in January and February are provided, with a focus on the volatility and probability of price changes.

What was the unexpected change in the crude oil market in 2018?

• Crude prices dropped from $75 to $45

• Crude prices increased from $45 to $75

• Crude prices increased from $50 to $75

• Crude prices remained stable at $75

What is a key strategy for approaching the crude oil market in early 2019?

• Analyzing crude option markets

• Relying on past crude prices

• Focusing solely on stock market trends

• Ignoring crude option markets

Which external factor is mentioned as impacting the crude oil market?

• Technological advancements

• Political elections

• Weather conditions

• OPEC decisions

What is the expected price range for crude oil in January 2019?

• $41 to $49

• $30 to $40

• $70 to $80

• $50 to $60

What is the probability of crude oil prices touching the predicted range in January?

• 20%

• 10%

• 40%

• 30%