Oil Plunges to Lowest Since 2021

Oil Plunges to Lowest Since 2021

Assessment

Interactive Video

Business, Architecture, Engineering

University

Hard

Created by

Quizizz Content

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary concern affecting oil prices according to the first section?

Unrest in the Middle East

Economic slowdown in Europe

Unrest in China

Increased oil production in the US

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of the Russian price cap on oil exports?

Increase in exports

No impact on exports

Significant reduction in exports

Complete halt of exports

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current market expectation regarding OPEC+'s decision in the upcoming meeting?

Decrease in oil production

No change in oil production

Increase in oil production

Complete halt of oil production

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might OPEC+ consider a supply cut according to the third section?

To increase oil prices

To decrease oil prices

To increase market share

To stabilize the market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the consensus among traders regarding OPEC+'s potential actions?

OPEC+ will dissolve

OPEC+ will increase production

OPEC+ will cut production

OPEC+ will maintain current production levels