Sen Sees `Substantial' Oil Price Rally If More Clarity on Trade

Sen Sees `Substantial' Oil Price Rally If More Clarity on Trade

Assessment

Interactive Video

Business, Architecture

University

Hard

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The transcript discusses the significant growth in US oil production in 2018, comparing it to Iran's output and highlighting its impact on global oil prices. It explores the challenges faced by OPEC in stabilizing prices amid demand uncertainties and trade war impacts. The discussion also covers market dynamics, the role of technical trading, and potential technological advancements in the oil industry, such as shale technology and efficiency gains.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What indicators suggest a potential decline in oil demand?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How might improvements in the global economic outlook affect oil prices?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What technological advancements could impact the oil industry in the next 24 months?

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