Saudi Oil Policy: What Changes With New Minister?

Saudi Oil Policy: What Changes With New Minister?

Assessment

Interactive Video

Business, Architecture, Social Studies

University

Hard

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The video discusses the Saudi oil policy, emphasizing its focus on market share since 2014. It highlights the role of Iran in production freezes and the transition to a new oil minister, Khalid Al Falih, who is expected to maintain policy continuity. The video concludes that despite leadership changes, the oil market is unlikely to become more volatile.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two aspects of Saudi oil policy mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what way does the text describe the change in Saudi Arabia's economy away from oil dependency?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the role of Khalid Al Falih in the oil industry been characterized?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the potential volatility of oil markets with a new oil minister?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Deputy Crown Prince's team in relation to Saudi Arabia's economic changes?

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