CLEAN : Analysts react to OPEC oil deal

CLEAN : Analysts react to OPEC oil deal

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

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The video discusses OPEC's acceptance of a prolonged period of low oil prices and their strategic shift towards production cuts. It highlights the need for oil prices to close above $51.00 to have a significant impact on the market. The latter part of the transcript contains unrelated and unclear content.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason OPEC members are considering a production cut?

To increase oil prices immediately

Due to a prolonged depression in oil prices

To compete with non-OPEC oil producers

To reduce environmental impact

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country is mentioned as leading the strategic shift in OPEC?

Venezuela

Iran

Saudi Arabia

Russia

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What market condition is necessary for the production cut news to impact oil prices?

Oil prices must drop below $40

Market closure above $51

Increased demand for oil

A new agreement with non-OPEC countries

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of the production cut news if the market condition is not met?

Increase in oil demand

Decrease in oil production

No significant impact in the medium and long term

Immediate increase in oil prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the nature of the content in the third section?

Unrelated and unclear

Detailed analysis of oil prices

Clear and informative

Focused on environmental issues