Greenberg: Oil at '$45-$55 Could Bring Stability'

The video discusses the cost of shale oil production and its influence on market prices. It highlights the global market's focus on shale oil, driven by media and investor attention. The discussion also covers currency trends, particularly the Canadian and US dollars, and their potential impact on market stability.

What is the significance of the current oil price range in relation to shale oil production?

• It is irrelevant to production costs.

• It matches the cost of production.

• It is significantly above production costs.

• It is below the cost of production.

How might overcoming certain risks affect the Canadian dollar according to the video?

• It could strengthen the Canadian dollar.

• It could weaken the Canadian dollar.

• It could cause the Canadian dollar to collapse.

• It could have no effect on the Canadian dollar.

What is the short-term outlook for the US dollar as mentioned in the video?

• It is expected to collapse.

• It is expected to strengthen slightly.

• It is expected to remain stable.

• It is expected to weaken significantly.

What trend might reassert itself in the Canadian dollar according to the video?

• A stable trend.

• A volatile trend.

• A weakening trend.

• A strengthening trend.

What was the initial movement of the Canadian dollar at the start of the year?

• It collapsed.

• It weakened significantly.

• It strengthened significantly.

• It remained stable.