What is the significance of the OPEC plus agreement in the current oil market scenario?
U.S. Weighs Paying Drillers to Leave Oil in Ground Amid Glut

Interactive Video
•
Business, Architecture, Engineering
•
University
•
Hard
Quizizz Content
FREE Resource
Read more
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It mandates increased oil production.
It ensures a reduction in US oil output.
It is a response to extraordinary market conditions.
It guarantees a fixed oil price.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected percentage drop in oil demand according to the IEA?
5 to 6%
9 to 10%
15 to 20%
25 to 30%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much has WTI crude oil prices fallen so far this year?
33%
50%
75%
66%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current state of US gasoline demand?
It has remained stable.
It has increased by 60%.
It has dropped by almost 60%.
It has doubled.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What broader impact does the demand destruction have on the global market?
It has stabilized global oil prices.
It has not yet been reflected in the stock market.
It has led to a stock market boom.
It has increased global oil production.
Similar Resources on Wayground
6 questions
Oil Price Is Catching Up to Fundamentals: Analyst Sen

Interactive video
•
University
6 questions
U.S. Oil Market to Take A Few Weeks to Rebalance: BofA’s Blanch

Interactive video
•
University
6 questions
Norrish: OPEC Likely Agrees to 'Face-Saving' Measure

Interactive video
•
University
4 questions
Oil Demand Recovering, But Jet Fuel Not Returning Soon, Currie Says

Interactive video
•
University
6 questions
Norrish: OPEC Likely Agrees to 'Face-Saving' Measure

Interactive video
•
University
3 questions
Kevin Norrish: OPEC Deal Looks Difficult to Achieve

Interactive video
•
University
6 questions
Tom Petrie Says Saudis Are Helping Oil Market Rebalance

Interactive video
•
University
3 questions
Wood Mackenzie's Sivanandam Sees Oil Above $50 for 2017

Interactive video
•
University
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade