What was the recent decision made by OPEC regarding oil supply?
Oil Closes Below $50 a Barrel for First Time in a Year

Interactive Video
•
Business, Architecture
•
University
•
Hard
Quizizz Content
FREE Resource
Read more
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cut oil supply by 1.2 million barrels a day
Maintain current oil supply levels
Increase oil supply by 1.2 million barrels a day
Double oil supply to meet demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which countries are mentioned as potentially needing to cut more oil production?
Saudi Arabia, Russia, UAE, and Iraq
Germany, France, Italy, and Spain
USA, Canada, Mexico, and Brazil
China, India, Japan, and South Korea
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has US shale production affected the global oil market?
It has continued to increase despite falling prices
It has decreased significantly due to low prices
It has remained stable with no impact
It has been banned by the government
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential consequence of a global economic slowdown on oil demand?
Increased demand from developing markets
Stable demand with no changes
Decreased demand from major consumers
Complete halt in oil consumption
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the market desire from oil-producing countries to regain confidence?
Higher oil prices
Complete withdrawal from OPEC
Concrete actions and transparency in production cuts
More oil production
Similar Resources on Wayground
3 questions
Is OPEC Getting Ready for a Price War?

Interactive video
•
University
3 questions
How Shale Oil Impacts the Range in Price of Oil

Interactive video
•
University
6 questions
OPEC Politics on the Path to an Oil Output Deal

Interactive video
•
University
6 questions
Bakken Shale Oil Is Profitable at Over $42 a Barrel

Interactive video
•
University
3 questions
Barclays' Cohen Says Oil's Fall a 'Short-Term Blip'

Interactive video
•
University
3 questions
Oil Hits $40 Again: Is It Time for a Pullback?

Interactive video
•
University
6 questions
El-Erian Says Oil Price Is About Supply, Not Demand

Interactive video
•
University
3 questions
OPEC Needs to Cut More to Protect Pricing, Says Sanford C. Bernstein’s Beveridge

Interactive video
•
University
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade