OPEC+ Oil Deal Hangs in the Balance

OPEC+ Oil Deal Hangs in the Balance

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the OPEC Plus meeting, highlighting the challenges in reaching an agreement to ease oil prices. The UAE's demand to change the baseline for production cuts has created a standoff, potentially affecting future production increases. The situation remains contentious, with further talks planned in Vienna.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does changing one member's baseline affect other members in OPEC plus?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the talks resuming in Vienna?

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