Oil Near Three-Month High on Trade Optimism and Supply Curbs
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Business, Social Studies
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main reason for Russia's limited production cuts in the OPEC+ deal?
Economic sanctions
Technological limitations
Russian winter constraints
Political disagreements
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has Saudi Arabia influenced the oil market recently?
By increasing production
By withdrawing from the OPEC+ deal
By maintaining stable production
By aggressively cutting production
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What unexpected market trend is observed with sour crudes?
They are unaffected by market changes
They are being phased out
They are trading at a discount
They are trading at a premium
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary factor driving the oil market in relation to US-China relations?
Increased oil production
Sentiment and market perception
Decreased oil demand
Concrete trade agreements
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current status of evidence regarding US-China trade progress?
Trade talks have been abandoned
A new trade deal has been signed
No concrete evidence is available
Significant progress has been made
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