IEA Cuts Global Oil Demand Forecast for 4th Time

IEA Cuts Global Oil Demand Forecast for 4th Time

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Business

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Hard

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The International Energy Agency has reduced its global oil demand forecast for the fourth time in five months as oil prices fall below $60 a barrel, the lowest since 2009. Meanwhile, Gucci announces the departure of its CEO and creative director, with Marco Bizzarri set to take over. Additionally, Alibaba founder Jack Ma becomes the richest person in Asia, surpassing Li Ka Shing, due to a significant rise in Alibaba's share value.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What recent action did the International Energy Agency take regarding global oil demand?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the price of West Texas Intermediate oil that was mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Who are the key figures leaving Gucci, and what positions did they hold?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant change occurred in the wealth of Alibaba founder Jack Ma?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

According to the Bloomberg Billionaires index, what is Jack Ma's current worth?

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