Dicker: Pick Your Oil Company, They're All Winners

The transcript discusses Exxon's potential write-down of 5 billion barrels of oil and speculates on a significant OPEC deal expected on November 30th. It highlights Saudi Arabia's readiness to contribute 2 million barrels to ensure the deal's success, even without support from other countries. The speaker suggests that now is a good time to invest in oil companies, predicting a market rally by the end of the year.

What is Exxon considering in terms of its oil reserves?

• Increasing production by 5 billion barrels

• Acquiring 5 billion barrels of oil

• Writing down 5 billion barrels of oil

• Selling 5 billion barrels of oil

What is expected to happen at the OPEC meeting on November 30th?

• A significant deal involving Saudi Arabia

• A new partnership with Russia

• An increase in oil production by Iraq

• A reduction in oil prices

How many barrels is Saudi Arabia willing to contribute to ensure the OPEC deal?

• 3 million barrels

• 4 million barrels

• 2 million barrels

• 1 million barrels

What is the predicted oil price rally by the end of the year?

• $10-$15

• $15-$20

• $5-$10

• $20-$25

What is the suggested strategy for investors regarding oil companies?

• Avoid investing in oil companies

• Wait until next year to invest

• Invest in renewable energy instead

• Invest in any preferred oil company