What is one of the major challenges OPEC faces as it moves into 2020?
OPEC Faces 'Major Challenge' Keeping Oil Price at Suitable Levels: IEA

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Business, Social Studies
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University
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Reducing geopolitical risks
Balancing the market with lower demand
Expanding oil reserves
Increasing oil production
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the market reacted to recent geopolitical risks such as tanker attacks?
Significant increase in oil prices
Limited impact on oil prices
Complete halt in oil supply
Major decrease in oil prices
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant factor in the buildup of oil stocks in 2018?
Decrease in global oil demand
Reduction in US oil production
OPEC's decision to increase oil prices
Increase in production from Saudi Arabia, Iraq, and Russia
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been the impact of the trade war on oil demand growth expectations?
Reduction in demand growth
Stability in demand growth
No impact on demand growth
Increase in demand growth
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could potentially restore confidence in the oil market and boost demand growth?
A decrease in oil production
A new OPEC agreement
A trade deal being signed
Increased geopolitical tensions
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