What Risk Does Shale Oil Pose to OPEC Cuts?

The video discusses the impact of the US shale rebound on the OPEC agreement, highlighting the potential risks and benefits for the oil market. It covers OPEC's compliance efforts to manage supply and reduce the glut, with predictions on oil prices ranging between $50 and $70 per barrel. The discussion also touches on the speculation in the oil market and the influence of global demand, particularly from China and Asia, on balancing supply and demand.

What is the potential cap on oil prices due to the US shale oil rebound?

• $30 per barrel

• $90 per barrel

• $70 per barrel

• $50 per barrel

What is OPEC's main goal in terms of compliance with production cuts?

• Reduce global oil demand

• Close the supply glut

• Expand production capacity

• Increase oil prices to $100

How long is it expected to take for OPEC to address the supply glut?

• 9-12 months

• 6-9 months

• 3-6 months

• 1-2 months

What is the expected average oil price in 2017 according to Nomura?

• $60 per barrel

• $70 per barrel

• $50 per barrel

• $40 per barrel

Which region is expected to drive increased oil demand, potentially affecting prices?

• Africa

• South America

• Asia

• Europe