Saudi Aramco Sees Record Oil Output in 2015

Saudi Aramco Sees Record Oil Output in 2015

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Saudi Aramco's production increase from 2014 to 2015, highlighting fluctuations and rig count records. It explores Saudi Arabia's ambitions, influenced by political tensions with Iran and the shale revolution's impact. The potential IPO of Saudi Aramco is examined, considering legal challenges and geopolitical factors.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the average daily oil production of Saudi Aramco in 2015?

9.5 million barrels

10.2 million barrels

10.6 million barrels

9.6 million barrels

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategic factor is suggested to influence Saudi Arabia's oil production decisions?

Environmental concerns

Desire to maintain high prices

Political issues with Iran

Competition with Russia

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the shale revolution impact Saudi Arabia?

It affected their strategic decisions

It had no significant impact

It led to a decrease in production

It increased their market share

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated valuation of Saudi Aramco?

$2 trillion

$4 trillion

$1 trillion

$3 trillion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential legal concern for Saudi Aramco's IPO?

Environmental regulations

Taxation issues in Asia

US lawsuits against OPEC

Competition laws in Europe