What is the main factor causing uncertainty in the oil market according to the speaker?
Citi’s Morse Sees Oil Rebounding to $45 by End of 2020

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Business, Architecture, Engineering
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The development of new oil extraction technologies
The amount of supply returning when prices rebound
The political stability in oil-producing countries
The level of demand for electric vehicles
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is expected to happen to oil demand as the coronavirus pandemic eases?
It will fluctuate unpredictably
It will remain stable
It will increase
It will decrease significantly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the predicted price of Brent crude oil in the third quarter?
$35
$45
$25
$17
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected impact of a massive inventory draw in the third quarter?
An increase in oil prices
No change in oil prices
A decrease in oil prices
A stabilization of oil prices
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By the end of the year, what price range is expected for Brent crude oil?
$20-$25
$30-$35
$50-$55
$40-$45
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