CLEAN : Drop in stock prices one of the biggest market crashes ever seen says expert

The video discusses a significant market crash, comparing it to past events like the 2008 financial crisis and Black Monday. It highlights a major drop in oil prices due to failed OPEC negotiations and the impact of the coronavirus on oil demand. The video also explores potential financial risks, including credit risk and a possible global recession.

What was the percentage drop in BP's stock as mentioned in the video?

• 30%

• 25%

• 18%

• 10%

Which two countries failed to agree on production cuts, leading to the oil price collapse?

• Saudi Arabia and Iran

• Saudi Arabia and Russia

• Russia and the United States

• Venezuela and Russia

What was the percentage drop in oil prices over the weekend?

• 30%

• 10%

• 40%

• 20%

How has the coronavirus pandemic affected the oil market?

• Stabilized oil prices

• Decreased oil demand due to less travel and factory operations

• No impact on oil demand

• Increased oil demand

What is a potential consequence of the oil price collapse on the global economy?

• Increased stock prices

• Stronger financial markets

• Global recession

• Higher oil production