How does the oil trader view OPEC's influence on oil production?
Andurand Sees Brent Crude Declining to $65-$70 a Barrel
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Business, Social Studies
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University
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Hard
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The video discusses a noted oil trader's predictions on oil prices, influenced by factors such as Iran's potential agreement with the US and EU, OPEC's production decisions, and a structural decline in oil demand due to alternative energy and efficiency gains.
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OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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What structural changes in demand for oil does the trader mention?
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