What is the expected trend for US oil inventories in the near future?
Global Oil Output Could Rise by 2M Barrels Per Day: Blanch

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Inventories will continue to fall rapidly.
Inventories will remain stable.
Inventory draws will slow down significantly.
Inventories will increase sharply.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which group of oil producers is increasing drilling activity more aggressively?
State-owned oil companies
OPEC member countries
Small private producers
Major multinational oil companies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the major impacts of Hurricane Ida on the oil market?
Higher oil prices
Increased oil production
Decreased refining capacity
Lower demand for oil
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is needed to drive the oil market higher into the winter season?
Increased gasoline production
Higher jet fuel prices
Leadership from the middle distillate complex
More OPEC supply
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might international travel restrictions affect the oil market?
Boost diesel consumption
Decrease demand for jet fuel
Increase demand for gasoline
Stabilize oil prices
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is OPEC's likely strategy for oil production in the near future?
Maintain a range-bound market
Decrease production to raise prices
Stop production entirely
Increase production significantly
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could potentially trigger the next increase in oil prices?
A decrease in US oil production
A new OPEC agreement
Reopening of international travel
A rise in global oil inventories
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