Citi’s Morse Sees Oil Rebounding to $45 by End of 2020

Citi’s Morse Sees Oil Rebounding to $45 by End of 2020

Assessment

Interactive Video

Business, Architecture, Engineering

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the near-term bearish outlook for the oil market, focusing on supply and demand dynamics influenced by the COVID-19 pandemic. It highlights the role of OPEC in maintaining discipline and the impact on pricing, predicting a significant inventory draw and price increase in the third quarter. Despite potential reoccurrences of COVID-19, the market is expected to stabilize with higher prices by the end of the year, though uncertainties remain.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are influencing the demand for oil as the coronavirus pandemic eases?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the anticipated price of Brent crude oil for the second quarter of the year?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

How much of a draw in inventory is expected globally in the third quarter?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the predicted price range for Brent crude oil by the end of the year?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are mentioned regarding making precise predictions in the oil market?

Evaluate responses using AI:

OFF