What is one of the main reasons OPEC is cautious about increasing production significantly?
IEA: Russia Could Extend Release of Emergency Oil Stocks

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To increase competition with Russia
To preserve spare capacity
To maintain high oil prices
To reduce environmental impact
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the factors influencing OPEC's decision-making process?
The competition with non-OPEC countries
The pressure from environmental groups
The desire to maintain group cohesion
The need to increase oil prices
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Saudi Arabia's target oil production for August?
10 million barrels a day
11 million barrels a day
12 million barrels a day
13 million barrels a day
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential consequence of low water levels in the river Rhine?
Improved refinery operations
Decreased demand for oil
Higher transportation costs for fuel
Increased oil production
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the reasons for the tight product supply situation in Central and Eastern Europe?
High water levels in rivers
Refinery outages
Increased oil imports
Decreased demand for oil
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected trend for Chinese oil demand in 2023?
A slight decrease due to new lockdowns
No change from 2022 levels
A decline compared to 2022
Strong growth as recovery continues
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the COVID-19 pandemic affected China's oil demand in 2022?
It has had no impact
It has resulted in a slight increase
It has led to a significant increase
It has caused a decline for the first time this century
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