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Tutor: None Selected Time limit: 1 Day

Question 1: 

How much did crude oil price drop on Monday?

Question 2:

How would concerns about China and Greece contribute to this decline?

Question 3:

How would concerns about the United States and Iran contribute to this decline?

Question 4:

Do you agree with Dimitry Dayen, senior research analyst at ClearBridge Investments, who believes that "sub $50-$55 oil is not going to be sustainable" and that oil will hit $75 in 2016? Why or why not?

Jul 10th, 2015

Thank you for the opportunity to help you with your question!

1.$2.5

2. increase in production in those oil producing company hence reduction in prices

3.the two countries are trading partners and also influence the price of oil in the market

4.I agree, it is likely to shoot because of increase demands compared to other sources of fuel

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 10th, 2015

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Jul 10th, 2015
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Jul 10th, 2015
Dec 9th, 2016
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