What are the main factors contributing to the changes in oil prices according to the text?
Oil Prices Not Expected to Rise to Previous Levels, Says Ruehl

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2.
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How has the UAE adjusted to the lower oil prices mentioned in the text?
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3.
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How does the text describe the reaction of shale oil production to price changes?
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4.
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What role does the concept of hedging play in the oil production cycle as described in the text?
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Discuss the implications of the IMF's growth forecast for Saudi Arabia as mentioned in the text.
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6.
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What challenges does Saudi Arabia face in terms of economic reform and oil dependency?
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7.
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What are the long-term strategies suggested for Saudi Arabia to reduce its oil dependency?
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