What potential risks are associated with the Chinese manufacturing PMI going below 50?
China's Slowing Manufacturing May Weigh on Oil, Schenker Says
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Business, Architecture
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University
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Hard
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The video discusses the dynamics of oil prices, focusing on both supplier and demand sides. It highlights historical trends, particularly the impact of China's manufacturing slowdown on oil prices. The role of OPEC and non-OPEC members in managing supply to prevent inventory buildup is examined. The video also explores global oil production trends, including the US becoming a top producer, and the implications of the US-China trade war on oil prices.
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OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
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How might the US-China trade war influence oil prices in the future?
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