Oil Climbs as Nigerian Violence Curbs Production

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Business, Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What recent event in Nigeria has significantly impacted its oil production?
A new government policy
Economic sanctions
Resurgence of violence in the Niger Delta
A natural disaster
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to Goldman Sachs, what is the current state of the oil market?
In surplus
Unpredictable
In deficit
Stable
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential long-term concern for the oil market despite short-term bullish trends?
Technological advancements
Oversupply as production returns
Decreasing demand
Lack of investment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At what price level might shale producers significantly increase production?
$40 per barrel
$50 per barrel
$60 per barrel
$70 per barrel
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What challenge does the shale industry face in quickly resuming production?
High transportation costs
Lack of technology
Environmental regulations
Job losses and reduced capital
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