Oil Buoyed by Drop in U.S. Stockpiles, Russia Commitment to Cuts
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Business, Architecture, Engineering
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the reported reduction in stockpiles according to the American Petroleum Institute?
2.5 million barrels
3 million barrels
4.3 million barrels
5 million barrels
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country is mentioned as having potentially reduced its crude production?
Venezuela
Saudi Arabia
Russia
United States
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is Saudi Aramco shifting its focus towards gas?
Gas reserves are easier to access
Gas is more profitable than oil
Gas has a lower carbon footprint
Gas is cheaper to produce
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the pressures Saudi Aramco is facing from shareholders?
Expanding into new markets
Addressing environmental concerns
Increasing oil production
Reducing gas investments
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy is Saudi Arabia pursuing outside of Aramco to address future energy needs?
Building nuclear power plants
Investing in coal
Investing in renewable energy
Expanding oil drilling
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