Oil Hits Six-Month High on Goldman Call

Oil Hits Six-Month High on Goldman Call

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the challenges faced by banks in asset class forecasts, highlighting demand growth reported by the International Energy Agency. It covers significant oil supply disruptions in Canada and Nigeria, and the potential recovery of production. The video also explores the possibility of oil prices fluctuating due to ongoing supply issues in Libya, Iraq, and the neutral zone shared by Saudi Arabia and Kuwait.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Nigeria face regarding oil production and supply disruptions?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the potential impact of oversupply on oil prices as mentioned in the text.

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