Oil Slips as Post-Christmas Rally Fades

Oil Slips as Post-Christmas Rally Fades

Assessment

Interactive Video

Business, Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses recent market volatility, focusing on crude oil. It highlights a short covering pattern with no fundamental changes, noting key support and resistance levels. Venezuela's declining production is identified as a trigger for recent price movements, but oversupply remains a concern. The video analyzes crude oil inventory levels and forecasts a price rebalance in 2019, emphasizing the need for OPEC cuts, reduced US production, and a trade agreement with China.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker believe is necessary for crude oil prices to rebalance?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected average price range for crude oil in 2019?

Evaluate responses using AI:

OFF