What is the main reason OPEC members are considering a production cut?
CLEAN : Analysts react to OPEC oil deal

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Business
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9th - 10th Grade
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
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