Equinor CEO on Oil Prices, Earnings, Dividend

The video discusses the current and future trends in crude oil prices, highlighting uncertainties in the commodity environment. It explains the company's decision to take a $3 billion impairment while raising dividends, reflecting strong production growth and cost improvements. The video also covers revised long-term oil price assumptions, expecting a decline due to lower demand. Finally, it addresses the potential impact of European restrictions on oil demand and production cuts.

What is the company's outlook on the crude commodity environment in the short term?

• The environment is stable.

• There is more uncertainty than confidence.

• There is more confidence than uncertainty.

• The environment is declining rapidly.

Why did the company decide to raise its dividend despite a $3 billion impairment?

• To offset the impairment loss.

• To attract more investors.

• Because of strong production growth and cost improvements.

• Due to a significant increase in oil prices.

What is the company's revised price assumption for a barrel of oil in 2025?

• $65 a barrel

• $70 a barrel

• $60 a barrel

• $78 a barrel

How does the company view the long-term demand for crude commodities?

• Stable

• Increasing significantly

• Declining gradually

• Unpredictable

What factor is crucial in deciding whether Norway can end its production cuts?

• Government decisions

• The company's internal policies

• Global oil prices

• European market demand