Goldman's Courvalin Sees $130 Brent by Year-End

Goldman's Courvalin Sees $130 Brent by Year-End

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video discusses the impact of inflation on gasoline prices, projecting them to rise to $5 by year-end to address market deficits. Oil prices are expected to reach $130 per barrel. The potential reopening of China could increase oil demand, adding $15 per barrel. Seasonal changes may lead to higher diesel and gasoline prices due to reduced refinery activity.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the predicted price for retail gasoline by the end of the year?

$3

$4

$5

$6

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected oil price per barrel by the end of the year?

$130

$100

$110

$120

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much could oil prices increase if Chinese demand returns to previous levels?

$10 per barrel

$5 per barrel

$20 per barrel

$15 per barrel

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact of China's reopening on international travel?

Decrease in travel

No change in travel

Increase in travel

Travel remains uncertain

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What seasonal factor is expected to cause diesel and gasoline prices to rise?

Lower demand

Higher inventory

Refiner slowdown

Increased production