What is the expected percentage decline in demand for OPEC's oil over the next four years?
OPEC Forecasts Demand to Fall 7% by 2023

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5%
7%
10%
12%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country is NOT mentioned as a contributor to non-OPEC supply growth?
Canada
Brazil
Norway
Russia
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main driver of medium-term non-OPEC supply growth?
Middle Eastern oil
US shale oil
European oil
African oil
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy might OPEC need to adopt to maintain a balanced market?
Increase production
Maintain current production levels
Cut production further
Focus on renewable energy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What risk is associated with OPEC's strategy of cutting production?
Increasing oil prices
Decreasing global demand
Allowing more room for US shale
Strengthening OPEC's market hold
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