Iraq Says More Cuts Are Possible Ahead of OPEC+ Meeting

Iraq Says More Cuts Are Possible Ahead of OPEC+ Meeting

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Quizizz Content

FREE Resource

The video discusses the expectations for OPEC's production quotas, highlighting the Iraqi oil minister's unexpected proposal for additional cuts despite Iraq's non-compliance with current quotas. The discussion includes the potential extension of existing quotas and insights from Russia and Saudi Arabia, who do not anticipate major decisions until April. The focus is on ensuring compliance with current quotas rather than implementing new cuts.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the stance of the Russians regarding major decisions on oil production?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What have the Saudis communicated about compliance with existing quotas?

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