Oil Prices Won’t Rise Much Further From Here, Says StanChart’s Slim

The video discusses the implications of oil prices on global markets, highlighting a forecast of $74 per barrel as a stable level. It addresses concerns about higher prices potentially derailing global growth, especially with other economic factors like quantitative easing and trade tensions. The impact on Turkey is examined, focusing on inflation and economic recession, with the Central Bank's monetary policy decisions being influenced by these factors.

What is the forecasted price level for oil that is considered manageable for the global economy?

• $120 a barrel

• $74 a barrel

• $100 a barrel

• $50 a barrel

What is a potential risk for global growth mentioned in the context of higher oil prices?

• Increase in global trade

• Decrease in oil production

• Rise in renewable energy usage

• End of quantitative easing

Which country is particularly vulnerable to higher oil prices due to its economic conditions?

• Turkey

• Saudi Arabia

• United States

• China

How have higher oil prices affected Turkey's current account?

• No impact

• Narrowed the deficit

• Increased the deficit

• Eliminated the deficit

What is the expected decision of Turkey's Central Bank regarding interest rates in response to current economic conditions?

• Keep rates unchanged

• Abolish rates

• Increase rates

• Decrease rates