What is the primary reason for the increase in oil stored on tankers in the Mediterranean Sea?
Crude Oil Is Up More Than One Percent

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Business, Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Oversupply in the market
Low tanker rates
High demand for oil
OPEC production cuts
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How have tanker rates between Asia and the Gulf nations changed recently?
They are at their lowest in almost two years
They have fluctuated unpredictably
They have remained stable
They have increased significantly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the 4479 level in the oil market?
It is the price of oil per barrel
It is a resistance level
It is the average tanker rate
It is the number of tankers in the Mediterranean
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What event is expected to occur on the last day to trade the September futures?
OPEC meeting
Market rally
Tanker rate increase
Options expiration
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the market's reaction to the expiration of the August contract?
The market rallied
The market remained stable
The market saw increased buying
The market dropped 15%
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