VOICED : Arabia Saudi y Kuwait, inclinados a extender recorte petrolero

Saudi Arabia, supported by Kuwait, suggests that oil-producing countries may need to continue cutting production to boost crude prices. They consider extending an agreement with OPEC and non-OPEC members like Russia. The agreement, initiated earlier in the year, aimed to reduce production by 1.8 million barrels per day. Oil demand is expected to rise in the year's second half, making the extension crucial. OPEC will decide in May, as oil prices have recovered to around $50 per barrel after losing nearly half their value since 2014.

What action is Saudi Arabia considering to stabilize oil prices?

• Investing in renewable energy

• Stopping oil exports

• Continuing production cuts

• Increasing oil production

Why is it important to extend the oil production agreement according to the transcript?

• To ensure a steady supply of oil

• To address weak demand in the first half of the year

• To increase oil prices immediately

• To compete with renewable energy sources

When will OPEC partners decide on the extension of the agreement?

• In July

• In April

• In May

• In June

What was the initial target for reducing oil production in early 2017?

• 2.0 million barrels per day

• 1.5 million barrels per day

• 2.5 million barrels per day

• 1.8 million barrels per day

How have oil prices changed since 2014 according to the transcript?

• They have doubled

• They have remained stable

• They have lost nearly half their value

• They have increased by 10%