What specific factor led OPEC to slash its forecast for global oil demand?
OPEC Slashes Oil Demand Forecast on Coronavirus Impact

Interactive Video
•
Business, Architecture, Engineering
•
University
•
Hard
Quizizz Content
FREE Resource
Read more
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
New environmental regulations
Rising oil prices globally
Decreased fuel use in China due to coronavirus
Increased oil production in the Middle East
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is China significant in the context of global oil demand?
It sets the global oil prices
It has the largest oil reserves
It is the largest oil exporter
It is the biggest oil buyer in the world
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been the effect of the coronavirus epidemic on China's oil consumption?
It has remained stable
It has fluctuated unpredictably
It has decreased significantly
It has increased significantly
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country is mentioned as the largest oil exporter affected by China's reduced consumption?
Canada
Russia
Saudi Arabia
United States
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the overall impact on oil prices due to reduced consumption in China?
No impact on prices
Downward pressure on prices
Stabilization of prices
Upward pressure on prices
Similar Resources on Quizizz
6 questions
OPEC+ Expected to Agree on Output Cut Extension, SVB Energy Says

Interactive video
•
University
3 questions
OPEC Takes a Big Gamble That Might Be A Little Too Late

Interactive video
•
University
4 questions
Goldman Says Commodity Demand Environment in China is ‘Dire’

Interactive video
•
University
3 questions
Oil Is in a Free Fall, Says Council on Foreign Relations's Jaffe

Interactive video
•
University
6 questions
Virus Threat Seen Hurting Oil Demand

Interactive video
•
University
6 questions
Global Economy Weighing on Oil Sentiment: Hari

Interactive video
•
University
3 questions
OPEC Slashes Oil Demand Forecast on Coronavirus Impact

Interactive video
•
University
6 questions
Deeper OPEC Cuts Would Take Oil Back Above $60: Vanda Insights

Interactive video
•
University
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade