¿La OPEP todavía puede dar pelea?

The Organization of Petroleum Exporting Countries (OPEC) produces 40% of the world's oil, giving it significant influence over global oil prices. However, OPEC faces challenges from the US's increased shale oil production and the global shift towards renewable energy. To counteract these challenges, OPEC has implemented production cuts, which have had mixed success in stabilizing prices. The future of oil consumption is uncertain, with forecasts suggesting continued growth, but innovations in renewable energy could lead to a peak in oil demand sooner than expected, potentially diminishing OPEC's influence.

What percentage of the world's oil is produced by OPEC's 14 members?

• 20%

• 30%

• 50%

• 40%

What recent development in the US poses a challenge to OPEC's influence?

• Increased coal production

• Record supplies of fracked shale oil

• New nuclear energy plants

• Expansion of natural gas exports

What strategy has OPEC employed to counteract competition and boost oil prices?

• Lowering oil prices

• Increasing oil production

• Cutting oil output

• Investing in renewable energy

Which of the following is a potential benefit for OPEC and its allies according to some forecasts?

• Reduction in renewable energy adoption

• Stability in oil prices

• Increase in global oil consumption

• Decrease in global oil consumption

What could potentially diminish OPEC's influence in the future?

• Increased oil consumption

• OPEC's expansion to include more countries

• Oil consumption peaking sooner than expected

• Decreased innovation in renewable energy