Oil Rips Higher Past $105 a Barrel

The video discusses the recent surge in crude oil prices, driven by geopolitical tensions in Ukraine, and its impact on the stock market. It highlights how higher oil prices are affecting inflation and benefiting certain companies, particularly smaller shale players. Chevron's decision to increase its stock buyback program is examined, along with the potential for further growth in oil stocks despite their current high prices.

What geopolitical event is contributing to the surge in crude oil prices?

• Trade war between the US and China

• Intensification of fighting in Ukraine

• Brexit negotiations

• OPEC production cuts

Which company is considering doubling its stock buyback due to high oil prices?

• Total

• ExxonMobil

• BP

• Chevron

How are higher oil prices affecting the stock market?

• They are causing a market boom

• They are almost tanking the market

• They have no effect on the market

• They are stabilizing the market

Which type of oil companies are benefiting more from the recent oil price surge?

• Large oil majors

• Renewable energy companies

• Oil service companies

• Shale players

What is the percentage increase in oil prices this year compared to the rise in oil stocks?

• Oil prices rose 30%, oil stocks rose 20%

• Oil prices rose 80%, oil stocks rose 16%

• Oil prices rose 50%, oil stocks rose 10%

• Oil prices rose 100%, oil stocks rose 50%