Morning Stock Movers: Occidental, Marathon Oil, Apple

The video discusses the current trends in the oil market, highlighting the rise in WTI and Brent crude prices due to a global energy crunch. It also covers the impact of China's power issues on major manufacturers like Apple, Tesla, Intel, and Qualcomm, and how these issues might affect US companies' production capabilities.

What is one of the main reasons for the rise in oil prices in the U.S.?

• New oil reserves discovered

• Decrease in demand

• Global energy crunch

• Increased local production

Which two types of crude oil are mentioned as having significant price increases?

• WTI and Brent

• Dubai and Oman

• Bonny Light and Tapis

• Urals and Basrah

What action has China taken in response to its energy crunch?

• Invested in renewable energy

• Increased oil imports

• Reduced energy prices

• Mandated shutdown of production facilities

Which of the following companies is NOT mentioned as being affected by China's energy crunch?

• Qualcomm

• Apple

• Tesla

• Microsoft

Why might U.S. companies with operations in China face production challenges?

• Increased competition from local firms

• High transportation costs

• Lack of skilled labor

• Energy shortages affecting end production