OPEC Deal a 'Fantastic Opportunity to Get Short WTI,' Says Bauer

The video discusses the unexpected market reaction to oil production changes, focusing on WTI and Brent spreads. It suggests trading strategies, particularly shorting WTI due to increased US shale production. The video also shifts to Bitcoin, noting increased trading volume and potential bullish signs if it closes above $6250, despite recent low volatility and regulatory risks.

What was the market's reaction to the oil production ramp-up?

• It was less than expected.

• There was no reaction.

• It was as expected.

• It was more than expected.

What is the current spread between WTI and Brent crude oil?

• $10.10

• $12.00

• $5.80

• $7.50

What is the current level of US shale production?

• 12 million barrels a day

• 11 million barrels a day

• 10 million barrels a day

• 9 million barrels a day

What price point is considered a bullish sign for Bitcoin?

• $6500

• $5800

• $6250

• $6000

What has been the recent trend in Bitcoin trading volume?

• Fluctuating

• Increasing

• Decreasing

• Stable