Oil's Downward Correction Possible, Emirates NBD's Bell Says
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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 is the primary reason for the recent rise in oil prices according to the first section?
Actual supply disruptions
Emotional response to geopolitical tensions
Increased demand from China
OPEC's decision to cut production
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might the recent price spike affect energy players?
Decrease in production costs
Higher insurance premiums in the Strait of Hormuz
Lower taxes on oil exports
Increased subsidies from governments
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What historical event is compared to the current oil price situation?
The 2019 attacks on oil infrastructure in Saudi Arabia
The 2008 financial crisis
The 2011 Arab Spring
The 2015 oil price crash
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key factor that could influence oil demand in 2020?
An increase in global population
A decrease in renewable energy adoption
A new OPEC agreement
A US-China trade deal
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the projected change in non-OPEC supply for 2020?
A decrease of 1 million barrels per day
An increase of 2 million barrels per day
No change in supply
A decrease of 500,000 barrels per day
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