Crude Oil Falls As Supply Surges

The video covers several topics: WTI and Brent crude prices have dropped due to increased oil supply, with Russia and Iraq boosting exports. Morgan Stanley fired an employee for a data breach affecting 350,000 customers, though no financial losses were reported. The search for the Air Asia flight wreckage in the Java Sea continues amid challenging conditions. Automakers experienced a strong sales month in December, driven by consumer interest in SUVs and favorable economic conditions.

What was a significant factor contributing to the drop in oil prices?

• Technological advancements in oil extraction

• Decrease in global demand

• New environmental regulations

• Increase in oil supply

What action did Morgan Stanley take in response to the data breach?

• They closed several branches

• They increased customer fees

• They merged with another bank

• They fired the responsible employee

What challenge is affecting the search for the Air Asia flight wreckage?

• Political tensions

• Equipment malfunction

• Bad weather and sea conditions

• Lack of funding

Which automaker experienced the largest percentage increase in sales in December?

• Toyota

• General Motors

• Chrysler

• Ford

What type of vehicle is gaining popularity despite being considered impractical?

• Luxury sedans

• Electric cars

• Crossover SUVs

• Pickup trucks