Is an OPEC Deal Still Someways Off?

Is an OPEC Deal Still Someways Off?

Assessment

Interactive Video

Business, Architecture, Social Studies

University

Hard

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The video discusses Vladimir Putin's statement on oil production cuts and its impact on the global market. It highlights OPEC's discussions on a production freeze, with Algeria playing a key role. The Norwegian Minister of Petroleum and Energy expresses cautious optimism about the agreements. Challenges in reaching consensus among OPEC members are explored, with pressure on countries wanting to boost production. The video concludes with a discussion on oil price projections, with a conservative outlook for the end of the year.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Vladimir Putin suggest regarding oil production in the current situation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the Norwegian Minister of Petroleum and Energy describe the current sentiment towards the agreement?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are mentioned regarding the production freeze or cut?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected oil price by the end of the year according to the Saudi Arabian oil Minister?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the general consensus about the oil price by the end of the year based on the discussion?

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