Oil Chiefs Warned Trump Team of Unrealistic Goals in China Deal

Oil Chiefs Warned Trump Team of Unrealistic Goals in China Deal

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Business

University

Hard

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The video discusses the challenges faced by the US and China in fulfilling a trade deal amid the coronavirus outbreak. It highlights the impact on China's oil demand and the difficulties in meeting the agreed terms due to reduced demand and logistical constraints. The American Petroleum Institute (API) expresses concerns about the US's ability to export enough oil to China, given current infrastructure limitations.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the coronavirus on China's oil demand?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the potential need for waivers in the trade deal due to the coronavirus.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the US struggle to meet the terms of the trade deal with China?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors complicate the US's ability to export a million barrels of oil to China?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the American Petroleum Institute foresee regarding US oil exports?

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