Nasdaq's Essner on OPEC+, Oil Market Outlook

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main reasons for the current volatility in oil prices?
Decreased driving and economic activity
Increased investment in fossil fuels
Decarbonization efforts and uncertainty in long-term demand
Stable global economy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might the identification of Omicron cases in New York affect oil demand?
Increase in overall mobility
Increase in jet fuel demand
No impact on oil demand
Decrease in jet fuel demand
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has offset the losses in jet fuel demand according to the transcript?
Increased car travel
Gas to oil switching
Increased public transport usage
Higher natural gas prices
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term used to describe OPEC's ability to adjust its actions based on market conditions?
Flexibility
Optionality
Stability
Predictability
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was OPEC's stance on adding more supply to the market before the Omicron headlines?
They were eager to increase supply
They planned to decrease supply
They were cautious and did not increase supply
They had already increased supply
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the COVID-19 containment story in China affected oil demand?
Increased demand due to economic growth
No impact on demand
Stable demand despite mobility curtailments
Decreased demand due to lockdowns
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected trend for oil demand in Asia according to the transcript?
Fluctuating with no clear trend
Increasing due to economic recovery
Stable despite mobility restrictions
Decreasing due to COVID-19
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