Oil Posts Largest Monthly Loss Since 2016

The video discusses the recent decline in oil prices, highlighting factors such as OPEC's increased production and trade war concerns. It also covers UBS's forecast of potential high oil prices due to supply disruptions. The video then shifts to blockchain technology, noting a slowdown in its adoption due to performance and operational challenges, impacting companies like IBM and Microsoft. Finally, it addresses pharmaceutical companies like Sanofi and AstraZeneca preparing for a no-deal Brexit by stockpiling drugs to prevent shortages.

What were the percentage decreases in Brent and WTI prices over the month mentioned in the text?

What factors contributed to the decline in oil prices according to the text?

What is UBS's prediction regarding oil prices in the next 6 to 12 months?

What challenges are companies facing in implementing blockchain technology?

How is Sanofi preparing for a potential no-deal Brexit according to the text?