What was the UAE's role in the recent OPEC meetings?
Oil to Exceed $80 a Barrel in Short Term: Beveridge

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They objected at the last minute.
They did not participate in the meetings.
They proposed a new production cut.
They suggested increasing production by 1 million barrels.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected impact of the COVID-19 variant on oil demand?
It will significantly increase demand.
It will have no impact on demand.
It will lead to a decrease in production.
It creates uncertainty, especially in Western economies.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been a major driver behind the tightening spreads in the oil market?
Increased production in the Middle East.
Strong inventory trade gains.
Decreased demand in Asia.
New drilling technologies.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current trend in the Permian Basin?
Decreasing rig count.
No significant changes.
Stable production levels.
Rising levels of crude production.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current status of gasoline consumption in India?
It is at 50% of pre-pandemic levels.
It is declining steadily.
It has surpassed pre-pandemic levels.
It has rebounded to 90% of pre-pandemic levels.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected trend for US shale production?
It will decrease significantly.
It will remain stable.
It is expected to rise towards the end of the year.
It will be phased out.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What factor is contributing to the profitability of drilling for shale?
Decreased competition.
Government subsidies.
High oil prices.
Low oil prices.
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