Rystad Energy's Galimberti on Oil Demand and OPEC+

Rystad Energy's Galimberti on Oil Demand and OPEC+

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the challenges faced by OPEC+ in making decisions amidst global uncertainties, including China's lockdowns and the upcoming ban on Russian oil products. It highlights OPEC+'s dual role in stabilizing oil prices and supporting Russia, and the potential impacts of the Russian product ban on the market. The discussion also covers China's influence on oil demand due to its COVID-19 policies and provides predictions for oil prices in 2023, emphasizing the importance of OPEC+'s role in monitoring and intervening in the market.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the uncertainty in oil supply and demand as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the death of a significant political figure in China affect oil demand?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What predictions are made about oil prices in the second half of 2023?

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