What is the primary reason OPEC+ needs to cut oil production by 1 to 1.5 million barrels a day?
OPEC+ Needs to Cut up to 1.5 Million Barrels a Day: Rapidan Energy Advisors

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To compete with non-OPEC oil producers
To increase oil prices to record highs
To stabilize prices and balance the market
To reduce global oil supply permanently
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the coronavirus pandemic affect global oil demand according to the transcript?
It increased demand due to more travel
It had no significant impact on demand
It decreased demand due to reduced travel and economic activity
It caused a temporary spike in demand
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the expected global GDP growth rate for the year, as mentioned in the transcript?
2.4%
2.0%
3.1%
4.0%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the 'kabuki dance' in the context of OPEC+ and Russia?
A traditional Japanese dance
A metaphor for exaggerated geopolitical maneuvers
A new oil production technique
A type of economic policy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which countries need to step up to the compliance plate according to the transcript?
USA and China
Saudi Arabia and UAE
Nigeria and Iraq
Russia and Libya
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