$45 Crude 'Will Be the Battleground,' Analyst Cusick Says

$45 Crude 'Will Be the Battleground,' Analyst Cusick Says

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the unexpected drop in crude oil prices from $75 to $45 and the associated market volatility. It highlights the challenges faced by the equity markets and the impact of the government shutdown on crude stock reports. The speaker advises monitoring crude option markets to understand pricing trends and potential price movements in the coming months. Predictions for crude prices in January and February are provided, with a focus on the volatility and probability of price changes.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unexpected change in the crude oil market in 2018?

Crude prices dropped from $75 to $45

Crude prices increased from $45 to $75

Crude prices increased from $50 to $75

Crude prices remained stable at $75

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key strategy for approaching the crude oil market in early 2019?

Analyzing crude option markets

Relying on past crude prices

Focusing solely on stock market trends

Ignoring crude option markets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which external factor is mentioned as impacting the crude oil market?

Technological advancements

Political elections

Weather conditions

OPEC decisions

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected price range for crude oil in January 2019?

$41 to $49

$30 to $40

$70 to $80

$50 to $60

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the probability of crude oil prices touching the predicted range in January?

20%

10%

40%

30%