Oil’s Remarkable Rebound: Too Far, Too Fast?

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Business, Architecture, Engineering
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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
What is one of the main concerns expressed by traders like Vitol and Gunvor regarding the recent surge in oil prices?
The prices are too low to sustain.
The prices have increased too quickly.
There is not enough oil supply.
The demand for oil is decreasing.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country is currently leading in oil consumption, surpassing pre-COVID levels?
Russia
China
India
United States
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which major oil stocks have shown significant gains since the start of the year?
Saudi Aramco, Gazprom, Rosneft
Total, Eni, Petrobras
Diamondback Energy, Marathon Oil, Exxon
Shell, BP, Chevron
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the impact of the Biden administration's agenda on the oil market?
It has no impact on oil prices.
It encourages increased oil production.
It supports the use of fossil fuels.
It aims to reduce the use of fossil fuels.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is driving the rally in oil stocks despite the Democratic administration's stance?
Increased oil production
Decreased global demand
Vaccine optimism and OPEC's role
New oil discoveries
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