McNally: We are biggest oil bulls
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Business, Architecture
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University
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Hard
Wayground Content
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7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected trend for the oil market later this decade?
A multi-year boom cycle
Immediate recession
A multi-year decline
Stagnation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential oil production capacity of Saudi Arabia?
10 million barrels per day
12 million barrels per day
15 million barrels per day
8 million barrels per day
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern regarding the global oil market's spare capacity?
It is increasing rapidly
It is stable and sufficient
It is decreasing and may lead to disruptions
It is irrelevant to current market conditions
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much additional oil production capacity do the Emiratis potentially have?
750,000 barrels per day
1 million barrels per day
500,000 barrels per day
2 million barrels per day
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential obstacle in utilizing Gulf crude oil in refineries?
Excessive production costs
Political instability
Mismatch in crude quality and refinery capability
Lack of transportation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected average price of Brent crude in the third quarter?
$117
$130
$110
$100
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major challenge for the US in reducing gas prices?
Demand declines in the context of recession
Implementing price controls
Relying on renewable energy
Increasing oil production
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