What was one of the main consequences of oil prices dropping to $30 a barrel?
Can Saudi's Declare Victory on Oil Price Battle?

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Business, Architecture
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Higher operating budgets for oil companies
A decrease in US rig counts
Increased investment in the US energy sector
A rise in global oil production
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason for the forecasted increase in oil prices to $70 a barrel by the end of 2017?
A decrease in global oil consumption
A decline in shale oil production
Increased production from OPEC countries
Production cuts and a stronger US recovery
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might rising oil prices affect the bond market?
They will lead to lower inflation rates
They will create a tailwind for bond investors
They will have no impact on bond yields
They will result in higher headline inflation numbers
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential impact of a stronger US dollar on the global economy?
It will weaken other economies
It will benefit some economies
It will have no effect on other economies
It will lead to a decrease in US exports
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might be a result of policy changes in Europe and the UK?
A reduction in global oil prices
A more hawkish stance from the Bank of England
An increase in unconventional tools in Europe
A decrease in the value of the US dollar
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