What is a significant factor in the shift of oil production from OPEC to the US?
OPEC Cuts Its 2015 Forecast for Crude Oil

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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
OPEC's decision to increase production
US covering more of its own needs
Increased US oil consumption
Decreased global oil demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the market's general reaction to the oil demand forecast?
In line with consensus view
Unaware of the forecast
Surprised by the forecast
Optimistic about future demand
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a challenge in making a bullish case for oil prices?
High production costs
Lack of investor interest
Strong global demand
Limited supply
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do lower oil prices affect other commodities?
No impact on production costs
Decrease in production costs
Increase in production costs
Increase in commodity prices
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do investors often sell all commodities when exiting oil?
Commodities are bought as a basket
Oil is the most valuable commodity
Oil prices dictate all market trends
Commodities have no individual value
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