FGE’s Fesharaki Sees Oil Prices at $75 to $80 a Barrel by End of the Year

FGE’s Fesharaki Sees Oil Prices at $75 to $80 a Barrel by End of the Year

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video discusses the impact of technical indicators like the golden cross on Brent crude prices. It forecasts oil prices, considering factors like shale production and geopolitical tensions, particularly between the US and Iran. The discussion includes the potential impact of sanctions on Iranian oil exports and the role of OPEC in managing spare capacity. The video also explores the implications of these factors on the global oil market.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a 'golden cross' in the context of oil market technical indicators?

When the 50-day moving average falls below the 200-day moving average

When the 50-day moving average climbs above the 200-day moving average

When the 200-day moving average falls below the 50-day moving average

When the 200-day moving average climbs above the 50-day moving average

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact of increased US military pressure on Iran?

Decrease in oil prices

Increase in oil prices

Stabilization of oil prices

No impact on oil prices

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much Iranian oil export is expected to be lost due to sanctions?

750,000 barrels per day

250,000 barrels per day

500,000 barrels per day

1 million barrels per day

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who benefits from higher oil prices according to the discussion?

Only oil companies

Oil exporters, companies, and environmentalists

Only environmentalists

Only renewable energy companies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the key concern if Saudi Arabia replaces Iranian crude?

The environmental impact

The quality of oil

The cost of production

The remaining spare capacity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does Russia play in the OPEC+ alliance?

Opposition to the alliance

Leader of non-OPEC operations

No significant role

Leader of OPEC

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why can't the US implement sanctions on both Venezuela and Iran simultaneously?

Lack of international support

Insufficient resources

Inability to replace oil supply

Political reasons