World Oil Supply Is Fairly Healthy at Moment: Sfakianakis

The video discusses the sustainability of current oil prices for Saudi Arabia and the UAE, highlighting their strong foreign reserves. It advises the Saudi royal family on economic strategies amid potential oil price declines. The succession issue within the Saudi royal family is considered settled, with regional threats from Iran, ISIS, and Yemen being ongoing concerns. The role of the US and GCC countries in addressing these issues is noted. The dynamics within OPEC are also explored, focusing on competition and supply-demand imbalances.

What is the break-even price for Brent oil for Saudi Arabia?

• $50

• $92

• $86

• $58

Which country has foreign reserves amounting to 200% of its GDP?

• Saudi Arabia

• UAE

• Qatar

• Kuwait

What is considered the most critical issue in Saudi Arabia's political landscape?

• Succession issue

• Economic reforms

• Oil production

• Foreign policy

Which regional threat is consistently a problem for Saudi Arabia?

• Yemen

• Iraq

• ISIS

• Syria

What is the main issue OPEC is facing due to declining oil prices?

• Increased production

• Supply-demand disequilibrium

• Lack of reserves

• Political instability