OPEC Quiz

What does OPEC stand for?

• Organization of the Petroleum Exporting Countries

• Organization of the Petroleum Exporting Corporations

• Organization of the Petroleum Exporting Communities

• Organization of the Petroleum Exporting Companies

Which country left OPEC in 2019?

• Venezuela

• Saudi Arabia

• Qatar

• Iran

Which of the following countries joined OPEC in 1962?

• Libya

• Nigeria

• Ecuador

• Gabon

What is the primary function of OPEC?

• To regulate the price of oil by controlling its supply and demand

• To explore new oil fields

• To provide financial aid to member countries

• To promote renewable energy sources

Which country became a member of OPEC in 2017?

• Gabon

• Equatorial Guinea

• Angola

• Ecuador

Which country was the largest oil producer in 2019 according to the provided data?

• Russia

• Saudi Arabia

• USA

• Canada

If Texas were a nation, what rank would it hold in terms of oil production globally?

• 5th

• 6th

• 7th

• 8th

How many millions of barrels of oil per day did Saudi Arabia produce in 2019?

• 12

• 10

• 17

• 6

Which country produced 3.1 million barrels of oil per day according to the CIA Factbook, 2008?

• Canada

• Norway

• Venezuela

• Iraq

According to the data, which country produced the least amount of oil per day among the listed nations in the CIA Factbook, 2008?

• Brazil

• Indonesia

• Libya

• U.K.