What is the primary reason for the current oil market challenges according to the first section?
Any OPEC Cut Will Be 'Too Little, Too Late,' Goldman's Currie Says

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Increased production in the Middle East
Political instability in oil-producing countries
Reduced demand in China
Technological advancements in oil extraction
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected global demand change for oil this year?
Increase by 300,000 barrels per day
Increase by 150,000 barrels per day
Decrease by 150,000 barrels per day
Remain stable
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Under what condition could oil prices drop significantly below $40 a barrel?
Increased demand in Europe
OPEC increasing production
Technological advancements in renewable energy
Breaching storage capacity
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the estimated reduction in oil demand from China and the West?
3 million barrels per day
1 million barrels per day
5 to 6 million barrels per day
10 million barrels per day
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are the production cuts by OPEC considered insufficient?
They are too large and cause market instability
They are too small and come too late
They are not agreed upon by all members
They focus only on natural gas
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