Oil Demand to Top Estimates on China Rebound: IEA

Oil Demand to Top Estimates on China Rebound: IEA

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Business

University

Hard

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The transcript discusses strong demand growth, particularly in Asia, with China and India showing robust demand. This contrasts with weaker demand in the OECD. Despite economic concerns, strong growth is expected, but supply constraints may pressure the market and prices.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant factor in the strong demand growth reported in Asia?

A decline in European markets

A rise in African markets

A faster than expected Chinese recovery

Increased demand in North America

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which region's demand is described as robust alongside China?

Europe

South America

India

Australia

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the demand in the Middle East compare to the OECD countries?

It is declining rapidly

It is stronger than in the OECD

It is similar to the OECD

It is weaker than in the OECD

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected trend for global growth this year according to the report?

A decline in growth

Stable growth

Strong growth

No growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might put market prices under pressure later this year?

An increase in supply

A decrease in supply

A rise in demand

Stable supply levels