Oil Rising on Iraqi-Kurdish Tensions

Oil Rising on Iraqi-Kurdish Tensions

Assessment

Interactive Video

Business, Architecture, Social Studies

University

Hard

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Quizizz Content

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The video discusses the geopolitical tensions in Kurdish territory and their impact on oil prices, highlighting the potential for serious disruptions. It examines the shift in oil market dynamics since 2014, focusing on oversupply and the role of non-OPEC sources. The discussion also covers the rebalancing of oil markets, with differing views from OPEC and the IEA, and the influence of production from countries like Nigeria, Libya, and the US.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the Kurdish territory's semi-autonomous status on oil supplies?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Turkey's threat to shut down the pipeline from Kirkuk affect oil prices?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors have contributed to the receding effect of geopolitical events on oil prices since 2014?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the role of OPEC and non-OPEC measures in the rebalancing of oil markets.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential impacts of Iraqi oil production on the global oil market?

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