Oil Supply and Demand Are Balanced, Says Iraq Minister

Oil Supply and Demand Are Balanced, Says Iraq Minister

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Business, Architecture, Social Studies, Engineering

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The transcript discusses OPEC's philosophy of balancing oil demand and supply, the impact of sanctions on Russian oil supply, and market perceptions. It highlights Iraq's dialogue with the White House and its production capabilities, including spare capacity and plans for increased production. The transcript also covers Iraq's energy transition initiatives, focusing on clean energy goals and partnerships with companies like Total and Mazda to produce solar energy.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the philosophy of OPEC regarding oil production?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Iraq plan to balance energy production and prices?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the anticipated effects of sanctions on oil demand?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current spare capacity of Iraq's oil production?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures is Iraq taking to transition to clean energy?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Iraq's target for solar energy production by 2025?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Iraq plan to change its fuel sources for energy production?

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