What was the expected draw in US oil inventory data?
Saudis Lower Most Oil Pricing as Iran Threatens

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Business, Social Studies
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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
10 million barrels
7 million barrels
5 million barrels
3 million barrels
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Saudi Arabia respond to President Trump's tweets?
By increasing oil prices
By cutting oil prices and raising production
By halting oil production
By increasing oil exports to Asia only
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the immediate market reaction to Saudi Arabia's announcement?
Oil prices plummeted
Oil prices dipped
Oil prices remained stable
Oil prices surged
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Iran's potential action if the November deadline proceeds?
Increase oil production
Close the Strait of Hormoz
Reduce oil exports
Negotiate with Saudi Arabia
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the predicted trend for oil prices in the coming months?
Prices are likely to drop to $60
Prices might stabilize at $70
Prices could rise to $80
Prices will remain unchanged
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