What was the initial reaction of Russia to the oil price cap?
Oil Edges Up After Two-Day Slump

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Business, Architecture, Engineering
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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
Complete compliance
Mild and benign
Aggressive retaliation
Indifference
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential extreme action Russia might take in response to the oil price cap?
Stop exporting gas
Increase oil production
Cut oil supply to manipulate prices
Lower oil prices voluntarily
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can Russia potentially manipulate the oil market?
By collaborating with OPEC
By increasing oil imports
By cutting supply gradually
By fixing oil prices
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What makes the oil market vulnerable to Russian actions?
High inventory levels
Stable political environment
Low spare capacity and thin margins
Strong economic fundamentals
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main risk factor affecting oil price forecasts?
Economic performance
Political factors
Technological advancements
Environmental policies
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the impact of efficiency improvements on oil demand?
Stabilize demand
No impact on demand
Decrease demand by 2 million barrels
Increase demand by 2 million barrels
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the UBS forecast for the best performing commodity this year?
Natural Gas
Silver
Gold
Oil
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