Oil Outlook: More Upside Ahead?

The video discusses the future of oil prices, predicting a rise by year-end due to market corrections and economic factors like Brexit. It highlights global economic growth, with a focus on the US and emerging markets, and the role of capital markets in oil price volatility. The video also covers regional restructuring in response to lower oil prices, emphasizing consolidation in the banking sector and government planning for future oil cost management.

What was the median estimate for oil prices according to analysts?

• $346 a barrel

• $60 a barrel

• $200 a barrel

• $100 a barrel

Which global event was mentioned as influencing recent oil price corrections?

• Chinese New Year

• OPEC meeting

• Brexit

• US elections

What is the expected growth rate for the US in 2017?

• 1.5%

• 2.5%

• 3.0%

• 2.0%

Which sector in the GCC is experiencing consolidation due to lower oil prices?

• Tourism

• Agriculture

• Banking

• Technology

What is the future target average cost for oil according to some GCC plans?

• $100

• $2025

• $75

• $50