Russia, Saudi Arabia Favor Extending OPEC Deal

Russia, Saudi Arabia Favor Extending OPEC Deal

Assessment

Interactive Video

Business, Architecture, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary goal of the framework agreement signed on September 5, 2016?

To eliminate oil imports

To decrease oil prices

To stabilize markets and reduce volatility

To increase oil production

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many countries signed the December 10 agreement?

12 countries

24 countries

30 countries

18 countries

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the target for oil inventories as per the agreements?

To reduce inventories to a five-year average

To maintain current inventory levels

To double the inventories

To increase inventories by 10%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Until when was the agreement extended according to the third section?

End of December 2017

End of March 2018

End of June 2018

End of September 2018

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the meetings scheduled for May 24 and 25?

To endorse the extension of the agreement

To finalize new oil production targets

To introduce new countries to the agreement

To discuss the termination of the agreement