Brent Oil to Average at About $80 in Second Half, BofA Says

Brent Oil to Average at About $80 in Second Half, BofA Says

Assessment

Interactive Video

Business, Architecture, Engineering

University

Hard

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The video discusses the impact of oil production and export cuts by Russia and Saudi Arabia on global oil prices, with expectations of prices stabilizing around $80 per barrel. It highlights concerns about global economic growth, particularly in China and the US. The video also covers China's potential restrictions on exporting EV metals, emphasizing the challenges and cost implications for sourcing alternatives.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What alternatives are suggested if the ban on certain metals occurs?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact could a complete ban on certain metals from China have on EV makers?

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