World Oil Supply Is Fairly Healthy at Moment: Sfakianakis

World Oil Supply Is Fairly Healthy at Moment: Sfakianakis

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the sustainability of current oil prices for Saudi Arabia and the UAE, highlighting their strong foreign reserves. It advises the Saudi royal family on economic strategies amid potential oil price declines. The succession issue within the Saudi royal family is considered settled, with regional threats from Iran, ISIS, and Yemen being ongoing concerns. The role of the US and GCC countries in addressing these issues is noted. The dynamics within OPEC are also explored, focusing on competition and supply-demand imbalances.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does Saudi Arabia have regarding regional threats?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the current supply-demand disequilibrium affect OPEC's dynamics?

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