Brent Crude's Slide Deepens on Trade War Demand Concerns

The video discusses the current market focus on the global economy, trade war, and oil demand, highlighting a tough week for crude oil prices. Investors are concerned about demand forecasts, with JP Morgan and the International Energy Agency adjusting their growth numbers. The potential for oversupply and OPEC's need for deeper supply cuts are explored. The video also examines the difference between current demand and future perceptions, noting that while consumer demand remains strong, industrial sectors show signs of a slowdown.

What are the current market concerns driving the crude oil prices?

• Global economic prospects and trade wars

• Geopolitical stability

• Technological advancements

• Environmental policies

What is the expected demand growth for oil according to JP Morgan?

• 1.5 million barrels a day

• 1.2 million barrels a day

• 800,000 barrels a day

• 500,000 barrels a day

What challenge might OPEC face due to US shale growth?

• Stable oil prices

• Decreasing oil prices

• Fluctuating oil prices

• Increasing oil prices

During which season does crude demand peak in the US?

• Autumn

• Summer

• Spring

• Winter

Which sector is showing signs of a synchronized slowdown globally?

• Chemicals

• Agriculture

• Automobile manufacturing

• Consumer electronics