How to Play Oil's OPEC Output Price Bump
Interactive Video
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Business, Social Studies
•
University
•
Hard
Wayground Content
FREE Resource
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current compliance rate with OPEC production cuts?
80%
85%
90%
95%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the suggested approach for traders in the current market trend?
Aggressively buying
Ignoring the trend
Patiently waiting
Short selling
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current trading range mentioned for the oil market?
61 to 65
56 to 60
51 to 55
45 to 50
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the focus of the technical analysis in the oil market?
Geopolitical events
Price levels
Fundamental changes
Weather patterns
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the price of crude oil approximately a year ago?
$35
$26
$20
$30
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