CLEAN : Saudi Arabia will have to work very hard to prove supplies are secure: analyst on oil prices surge

CLEAN : Saudi Arabia will have to work very hard to prove supplies are secure: analyst on oil prices surge

Assessment

Interactive Video

Business, Architecture, Engineering

10th Grade - University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the impact of a drone attack on Saudi oil production, affecting 5.7 million barrels per day, which is 5% of global supply. It highlights market reactions, including Brent crude price fluctuations, and the release of special oil reserves by Donald Trump. The video also addresses security concerns for Saudi Aramco's IPO and identifies winners and losers in the oil market, such as airlines and major oil producers.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of global oil supply was affected by the drone attacks on Saudi oil production?

10%

5%

15%

2%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action did Donald Trump take in response to the reduction in Saudi oil production?

Released special oil reserves

Increased oil imports

Reduced oil exports

Imposed oil sanctions

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the market initially react to the news of the drone attacks?

Oil prices fell by 20%

Oil prices remained stable

Brent crude prices fell by 10%

Brent crude prices rose by 20%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern for Saudi Aramco following the drone attacks?

Lack of skilled labor

Decreased global demand

Increased production costs

Security of their facilities

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which industry is considered a major loser due to the changes in oil prices?

Pharmaceutical industry

Technology industry

Airline industry

Automobile industry