Citi's Morse Sees Challenging Market for Oil Into 2023
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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 recent action by Saudi Arabia indicates a shift in its geopolitical strategy?
Signing a military agreement with the US
Visiting China for trade talks
Signing a military agreement with Russia
Increasing oil production unilaterally
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current strategy of OPEC regarding oil prices?
To maintain current oil prices by adjusting supply
To increase oil prices by reducing supply
To drastically cut oil production
To stop oil production entirely
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could potentially bring 1.8 million barrels of oil per day back into the market?
The return of Iranian oil due to a JCPOA agreement
A new OPEC agreement
Increased US shale production
A new oil discovery in Saudi Arabia
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much non-OPEC oil is expected to enter the market next year?
2 million barrels a day
1 million barrels a day
4 million barrels a day
3 million barrels a day
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current consensus on US oil production returning to the market?
1 million barrels a day
800,000 barrels a day
600,000 barrels a day
400,000 barrels a day
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