Petrie on U.S. Oil Output Forecast

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Business, Architecture, Social Studies
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University
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Hard
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What factors influence the ability to deliver oil to relevant markets?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How do the oil price thresholds differ between Saudi Arabia, Russia, and the US?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the significance of the Iranian sanctions in relation to oil prices?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What does the term 'demand elasticity' refer to in the context of oil prices?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
How might government shutdowns impact economic growth in relation to the oil industry?
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