Oil Prices Don't Fully Reflect Supply Risks, Says Vitol

Oil Prices Don't Fully Reflect Supply Risks, Says Vitol

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Business, Social Studies, Engineering

University

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The video discusses the recent factors influencing oil prices, including the U.S. release of oil reserves, COVID-19 cases in China, and potential disruptions from Russia. It also covers the challenges faced by European nations in reducing dependency on Russian natural gas due to rising raw material costs, impacting their energy infrastructure plans.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What recent actions have been taken by the US regarding oil reserves?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the rise in COVID cases in China affected oil demand?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are European nations facing in their plans to reduce dependence on Russian natural gas?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact has the spike in raw material prices had on the EU's energy plans?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the long-term energy goals set by Germany and France?

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