Oil Is Poised for a Price Rebound in December, Barclays' Cohen Says

Oil Is Poised for a Price Rebound in December, Barclays' Cohen Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the current state of the oil market, highlighting both fundamental and technical factors affecting prices. It mentions the impact of Trump's tweets on market perceptions, OPEC's potential production cuts, and the strong rally in natural gas. The discussion also covers future price predictions, potential risks, and the impact of supply issues like the Buzzard field's offline status. Additionally, it addresses concerns among US producers regarding future market behavior and cap ex plans.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential risks to oil prices are highlighted as we move into the first quarter of the year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might US producers change their behavior in response to the current market conditions?

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