What does the term 'recession' mean in the context of economic discussions?
$85 Crude Is Citi's Base Case as Demand Falls: Morse
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The video discusses the concept of recession, focusing on the supply-demand balance in the oil market. It highlights reduced demand expectations, particularly in transport fuels, and examines economic growth trends. The video also analyzes oil price projections, considering various factors like supply uncertainties and global economic conditions.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How has the demand for oil changed according to the speaker's analysis?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What factors are contributing to the downward trend in oil demand?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the speaker's base case prediction for oil prices?
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5.
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3 mins • 1 pt
What uncertainties does the speaker mention regarding oil supply?
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