Oil Resumes Gains on U.S. Data
Interactive Video
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Business, Architecture
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the percentage drop in crude oil prices over the last four weeks?
13-14%
15-16%
10-11%
12-13%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the main factor driving the increase in Brent prices?
Increased demand from China
US stockpile data
Verbal intervention from Saudi Arabia and Russia
OPEC's production cut agreement
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the catch-22 situation in the energy markets?
US stockpiles increase regardless of OPEC's actions
OPEC's production cuts have no effect on prices
US production decreases as OPEC increases production
OPEC's production cuts lead to higher prices, which in turn increase US production
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was DNB's revised forecast for oil prices in 2017?
$70.00 a barrel
$55.00 a barrel
$65.00 a barrel
$60.00 a barrel
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy did Olivier Jakob suggest for OPEC's production cuts?
No production cuts
Gradual increase in production
Long-term production declines
Short, sharp cuts
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