OPEC+ to Decide on February Output

OPEC+ to Decide on February Output

Assessment

Interactive Video

Business, Architecture, Social Studies

University

Hard

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The transcript discusses OPEC's decision on oil output, highlighting the tension between Russia's desire to increase production and Saudi Arabia's cautious stance due to weak demand from COVID-19. It also covers potential risks from Iran that could affect oil prices and OPEC's concerns about inventory levels.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current sentiment among traders regarding oil prices?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does OPEC have regarding inventory levels?

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