Aramco Keeps $75 Billion Dividend Promise Despite Oil’s Dive

Aramco Keeps $75 Billion Dividend Promise Despite Oil’s Dive

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the challenges faced by oil companies, particularly Saudi Aramco, in maintaining shareholder dividends amidst low oil prices. It highlights Aramco's goal to increase capacity to 13 million barrels a day, which requires significant investment. The discussion also covers the impact of Saudi Arabia's strategy to flood the market, potentially forcing other producers like Russia to negotiate. The financial strain on Saudi Arabia due to low oil prices is also addressed.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason oil companies are cutting their capital expenditures?

To prioritize shareholder dividends

To comply with government regulations

To increase oil production

To reduce environmental impact

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the target maximum sustainable capacity for Saudi Aramco?

15 million barrels a day

13 million barrels a day

12 million barrels a day

10 million barrels a day

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much investment is estimated to be required for Saudi Aramco to increase its capacity?

$30 to $40 billion

$40 to $50 billion

$20 to $30 billion

$10 to $20 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main strategy of Saudi Arabia in the oil market as discussed in the video?

Collaborating with Russia

Increasing oil prices

Flooding the market with oil

Reducing oil production

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At what price per barrel does Saudi Arabia need oil to balance its budget?

$84

$70

$50

$30