Oil Market Challenges and Unique Living Arrangements

Oil Market Challenges and Unique Living Arrangements

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Mia Campbell

FREE Resource

The video begins with Carl Azuz introducing a report on the oil market, highlighting the impact of COVID-19 on oil prices, which even turned negative at one point. The discussion covers the global economic implications and the actions taken by OPEC and other countries to stabilize prices. The video then shifts to a virtual tour of Cairo, showcasing its rich history and architecture through the eyes of a local photographer. Finally, a humorous segment features a doctor living in a treehouse to protect his family during the pandemic.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant consequence of the coronavirus pandemic on the oil market?

Oil prices stabilized

Oil production increased

Oil prices went negative

Increased demand for oil

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action did OPEC+ take in response to the oil crisis?

Increased oil prices

Stopped oil trading

Cut oil production

Increased oil production

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which two countries were involved in a price war that affected the oil market?

USA and Canada

Russia and Saudi Arabia

China and India

Brazil and Mexico

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a major challenge for American oil producers during the pandemic?

High demand for oil

Lack of oil reserves

Increased competition from Europe

Potential bankruptcy due to low prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under which presidency did the U.S. oil market experience a boom?

Barack Obama

George W. Bush

Joe Biden

Donald Trump

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which animal has the longest gestation period among the given options?

Wombat

Sea turtle

Bullfrog

Chipmunk

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the capital of Egypt, known for its rich history and cultural significance?

Luxor

Cairo

Alexandria

Giza

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