Is the OPEC Production Cut Deal in Danger of Collapse?

The video discusses the state of US crude inventories, highlighting their high levels and the potential impact on global markets. It examines the oil market's future, considering factors like CapEx reductions and market health. The gold market is analyzed, focusing on price trends and factors like US interest rates and safe haven appeal. The discussion extends to iron ore and precious metals, considering China's policies and the impact of Trump's election on currency and metal performance.

What is the current state of US crude inventories according to the video?

• They are at their lowest seasonal level in three decades.

• They have been decreasing steadily over the past few months.

• They are at the highest seasonal level in three decades.

• They have remained constant over the past few months.

What is the main concern regarding the OPEC and non-OPEC agreement?

• There is a need for more discipline among the members.

• The agreement is expected to collapse soon.

• The agreement has already been extended beyond the summer.

• The agreement is not affecting the market at all.

What is the current price range of gold as mentioned in the video?

• $1300 to $1330

• $1200 to $1230

• $1215 to $1245

• $1250 to $1280

Which market is facing significant supply-side difficulties according to the video?

• Gold market

• Silver market

• Iron ore market

• Copper market

What change is China's Commodity Exchange planning for the iron ore market?

• Including foreign investors in futures trading

• Eliminating futures trading

• Reducing the number of foreign investors

• Increasing domestic production

Since Donald Trump's election, which metal has underperformed according to the video?

• Platinum

• Silver

• Gold

• Palladium

Which metal is expected to outperform if global economic growth is optimistic?

• Aluminum

• Copper

• Silver

• Gold