What Brexit Means for Oil and Gold

The video discusses the impact of Brexit on commodities, particularly gold and oil. Gold is seen as a safe haven amid risk aversion, with expectations of price increases. The oil market is analyzed, highlighting a downturn in prices and potential impacts on demand growth. The North Sea oil sector's investment needs are addressed, and a forecast for oil prices suggests a neutral outlook with potential rebalancing in the market.

What is the expected trend for gold prices in response to Brexit?

• A decline in prices

• A crash in prices

• Stability in prices

• An upward movement in prices

What are the two fundamental impacts on oil prices discussed in the context of Brexit?

• Currency impacts and economic growth

• Technological advancements and environmental policies

• Supply chain disruptions and inflation

• Political instability and trade barriers

How much is the EU's GDP expected to be affected by Brexit over the next 2.5 years?

• 0.3% increase

• 0.3% decrease

• 1% increase

• 1% decrease

What is the current state of the North Sea oil industry according to the update?

• Rapidly expanding

• In dire need of investment

• Experiencing a boom

• Completely stable

What is the expected price of Brent oil in the fourth quarter of next year?

• $40

• $55

• $50

• $45