Abu Dhabi's Al Mansoori: Oil Can Reach $60

Abu Dhabi's Al Mansoori: Oil Can Reach $60

Assessment

Interactive Video

Business, Architecture

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the end of global oil surpluses and the factors influencing oil prices, including economic growth and supply-demand dynamics. It predicts future oil prices based on economic data, highlighting the recovery of China and strength in European and U.S. economies. The global economy's growth is expected to stabilize oil prices between $55 and $60.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the general trend in the global oil market as discussed in the first section?

The oil market is in equilibrium.

Oil prices are expected to drop to $27.

Oil supply is contracting faster than expected.

Oil surpluses are increasing.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the second section, what is the predicted oil price range for 2016?

$55 to $60

$50 to $55

$45 to $50

$60 to $65

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which major economy is mentioned as recovering in the second section?

India

China

Brazil

Russia

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the employment rate mentioned for the U.S. economy in the second section?

1%

4%

3%

2%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of the shrinking oil supply on prices as discussed in the final section?

Prices will stabilize at $45.

Prices will fall below $50.

Prices will range between $55 and $60.

Prices will exceed $70.

Similar Resources on Wayground