VOICED : Los productores de petroleo, salvo Mexico, acuerdan bajar la oferta

VOICED : Los productores de petroleo, salvo Mexico, acuerdan bajar la oferta

Assessment

Interactive Video

Business, Social Studies

9th - 12th Grade

Hard

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The transcript discusses a global agreement among oil producers, led by OPEC, to reduce oil production by 10 million barrels per day in response to the COVID-19 pandemic's impact on demand. While Saudi Arabia and Russia spearheaded the initiative, the U.S. could not participate directly due to antitrust laws, though President Trump supported the agreement. Mexico, not an OPEC member, opposed the proposed cuts, suggesting a smaller reduction. The pandemic has significantly decreased oil demand, causing prices to plummet to levels not seen since 2002.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the agreed reduction in global crude production by major oil producers for May and June?

20 million barrels per day

5 million barrels per day

10 million barrels per day

15 million barrels per day

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which two countries played a key role in facilitating the oil production agreement?

China and India

Mexico and Venezuela

Saudi Arabia and Russia

United States and Canada

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was the United States unable to participate directly in the oil production discussions?

Because of antitrust regulations

Political disagreements with OPEC

Due to its own oil surplus

Lack of interest in the agreement

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Mexico's proposed reduction in oil production compared to the 400,000 barrels per day requested?

50,000 barrels per day

300,000 barrels per day

100,000 barrels per day

200,000 barrels per day

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the price of oil per barrel at the beginning of the previous week, according to OPEC?

Exactly 30 dollars

Below 21 dollars

Around 45 dollars

Above 60 dollars