When Will Oil Hit Its 2018 Peak Again?

When Will Oil Hit Its 2018 Peak Again?

Assessment

Interactive Video

Business

University

Hard

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The video discusses the oil market's future, focusing on production cuts, OPEC's role, and price projections. It highlights the improbability of reaching $100 per barrel soon, with $85 being more feasible under unusual circumstances. The market's current trend shows a continuous drop in oil prices, which is unrealistic over a five-year horizon. The discussion also touches on inflation and long-term concerns, suggesting that significant changes are not expected soon.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are mentioned that could influence oil prices in the coming years?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's perspective on reaching $100 oil in the current cycle?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the possibility of oil prices dropping over a five-year horizon?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What unusual circumstances does the speaker suggest are needed to achieve higher oil prices?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does the speaker express about the oil market in the near future?

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