What factors are influencing the oil prices as discussed in the text?
Mark Mobius: Expect Oil Prices to Recover to $90
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Mark Mobius, a renowned investor, predicts that oil prices will soon rise to $80-$90 per barrel due to decreased US shale production. He discusses the benefits of low oil prices for net importers like China and India. However, he anticipates a recovery in oil prices by next year or the year after.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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3 mins • 1 pt
Which countries are expected to benefit from low oil prices according to the text?
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3.
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3 mins • 1 pt
How does the oil price situation vary across different regions according to the text?
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4.
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3 mins • 1 pt
What does Mark Mobius believe about the future of oil prices?
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5.
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3 mins • 1 pt
What is the expected price range for oil per barrel mentioned in the text?
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