What Risk Does Shale Oil Pose to OPEC Cuts?

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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 potential cap on oil prices due to the US shale oil rebound?
$30 per barrel
$90 per barrel
$70 per barrel
$50 per barrel
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is OPEC's main goal in terms of compliance with production cuts?
Reduce global oil demand
Close the supply glut
Expand production capacity
Increase oil prices to $100
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How long is it expected to take for OPEC to address the supply glut?
9-12 months
6-9 months
3-6 months
1-2 months
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected average oil price in 2017 according to Nomura?
$60 per barrel
$70 per barrel
$50 per barrel
$40 per barrel
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which region is expected to drive increased oil demand, potentially affecting prices?
Africa
South America
Asia
Europe
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