Crude Oil Gets Left Behind From Risk Off Rally

Crude Oil Gets Left Behind From Risk Off Rally

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video discusses the crude oil market, highlighting its data dependency and equilibrium state. It reviews the oversupply situation from 2015 and current supply disruptions in Nigeria and Venezuela, partially offset by Iran. The speaker predicts short-term price movements, expecting a range between $46 and $55, influenced by global demand trends and CapEx reductions. The video concludes with future price expectations and market strategies, considering potential supply disruptions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the implications of a massive reduction in CapEx on the crude oil market.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker predict about the future of oversupply in the crude oil market?

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