Crude Oil Inventories Rise by 3.88 Million Barrels

Crude Oil Inventories Rise by 3.88 Million Barrels

Assessment

Interactive Video

Business, Social Studies, Architecture

University

Hard

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The video discusses recent changes in oil inventories, highlighting a larger-than-expected build in crude oil and a drawdown in gasoline and distillate inventories. It examines the impact of production numbers on oil prices, noting a rise in prices and the importance of monitoring production and supply trends. The video also covers the performance of energy stocks, including Chevron and refiners like Tesoro and Valero, and mentions the short squeeze affecting companies like Chesapeake and Marathon.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the hope regarding the relationship between oil production and supplies?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Which companies were mentioned as having seen a rise in their stock prices?

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