What has caused American crude to become more expensive for buyers in Asia and Europe?
Oil Prices: Single Trading Firm Is Fueling Runup in Physical Crude

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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
New environmental regulations
Decreased demand in Asia and Europe
Higher transport costs and trading tactics
Increased production in the US
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which market condition is described by the term 'backwardation'?
When future oil prices are higher than current prices
When oil demand exceeds supply
When oil supply exceeds demand
When future oil prices are lower than current prices
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary reason for the tightening of the oil market towards the end of the year?
New oil discoveries in the Middle East
Decreased global oil demand
OPEC+ reducing supply
Increased oil production in the US
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has China's oil demand affected the market?
China's demand has no impact on the market
China is exporting more oil
China's demand is growing slower than expected
China has stopped importing oil
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential risk is associated with the economic headwinds discussed in the transcript?
Decreased oil prices
Increased oil storage
Increased oil production
Reduced oil demand
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