Citigroup’s Morse Sees Oil at $75 in Next 3 Months

What are the main factors contributing to the volatility of oil production in countries like Venezuela and Iran?

• US sanctions and internal issues

• Natural disasters

• Technological advancements

• Increased global demand

How might the expiration of sanctions waivers on Iran affect global oil prices?

• It will likely decrease oil prices

• It will have no impact on oil prices

• It could lead to an increase in oil prices

• It will stabilize oil prices

What is a key concern for President Trump regarding oil prices during an election year?

• Reducing oil imports

• Maintaining low gasoline prices

• Increasing oil production

• Increasing oil exports

What internal difference exists within the OPEC+ group?

• The interests of Venezuela and Libya

• The interests of the US and China

• The interests of Russia and Saudi Arabia

• The interests of Iran and Iraq

What is the target gasoline price range that the US President aims to maintain?

• Below $2 per gallon

• Below $3 per gallon

• Below $4 per gallon

• Below $5 per gallon