The Fragile State of OPEC's Oil Rally

The Fragile State of OPEC's Oil Rally

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factors contributed to the recent 'manufactured rally' in the oil market?

Central banks and OPEC's influence

Decreased production in Russia

Increased demand from China

New environmental regulations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the oil market react to increased production from Libya and the US?

The bubble popped, causing prices to drop

The oil prices surged

The market remained stable

There was no significant impact

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What unusual market condition was observed with crude oil and the dollar?

Crude oil was at an 18-month high while the dollar was at its strongest since 2002

Both crude oil and the dollar were stable

The dollar weakened significantly while oil prices dropped

Both crude oil and the dollar were at their lowest

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence if the current oil rally tails off?

The equity market might also decline

Oil prices will reach new highs

The dollar will weaken

OPEC will increase production

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What historical trend is mentioned regarding equities and oil prices?

Oil prices always lead equity market trends

They have traded side-by-side in the past

Equities have no relation to oil prices

They have always moved in opposite directions