What was the unexpected move by the UAE in the recent OPEC meetings?
JTD Energy's Driscoll on OPEC+ Meeting

Interactive Video
•
Business, Social Studies
•
University
•
Hard
Quizizz Content
FREE Resource
Read more
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They deviated from the usual Saudi-Russian collaboration.
They launched a new oil futures index.
They proposed a new pricing system.
They increased their oil production unilaterally.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What significant change did the UAE make in their oil pricing strategy?
They introduced a new currency for oil transactions.
They started pricing oil based on the US dollar.
They abandoned the OPEC-based destination pricing system.
They adopted a fixed pricing model.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the UAE's strategic move in the oil market recently?
They reduced their oil exports.
They increased oil prices significantly.
They launched the ICE Futures Abu Dhabi Murban crude Oil Futures Index.
They formed a new alliance with Russia.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major risk factor for the oil market recovery mentioned in the transcript?
The emergence of new COVID-19 variants.
Political instability in the Middle East.
A sudden increase in oil prices.
A decrease in global oil demand.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected impact of Iran's political changes on oil production?
A halt in oil production.
An increase in oil production by 500,000 barrels a day.
No significant impact on oil production.
A decrease in oil exports.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main difference between WTI and Brent oil benchmarks?
WTI is primarily traded in Europe, while Brent is traded in the US.
WTI is priced higher than Brent.
WTI is a waterborne benchmark, while Brent is landlocked.
WTI is a landlocked benchmark, while Brent is waterborne.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it unlikely for WTI to surpass Brent in price?
WTI is not traded internationally.
Brent is more environmentally friendly.
Brent has better market proximity and liquidity.
WTI has a higher production cost.
Similar Resources on Quizizz
6 questions
BofAML's Blanch Sees a Range-Bound Oil Market

Interactive video
•
University
6 questions
Oil Market Should Be Careful on Pricing In Iran Risk: Energy Aspects

Interactive video
•
University
6 questions
Shale Producers to Be Just Fine on OPEC Decision, Says SocGen's Wittner

Interactive video
•
University
8 questions
Oil to Exceed $80 a Barrel in Short Term: Beveridge

Interactive video
•
University
6 questions
Jefferies Analyst Gammel Sees Value in Shell, Chevron

Interactive video
•
University
6 questions
Petrie Sees 'Eroding' WTI -Brent Crude Spread

Interactive video
•
University
6 questions
Brent Hits $60 for First Time Since 2015

Interactive video
•
University
6 questions
Oil Surges as Traders Pause Russian Crude Purchases

Interactive video
•
University
Popular Resources on Quizizz
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade