Saudi Arabia Replaces Veteran Oil Minister

Saudi Arabia Replaces Veteran Oil Minister

Assessment

Interactive Video

Business, Architecture

University

Hard

Created by

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FREE Resource

The video discusses the leadership change in Saudi Arabia with Khaled Al Falih taking charge, focusing on continuity in oil market strategies. It highlights the ongoing policy of defending market share and insights from the last OPEC meeting, emphasizing the role of Deputy Crown Prince Mohammed bin Salman in implementing significant changes. The video also covers the transformation of the ministry to include energy, industry, and mineral resources, aiming for economic diversification.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main focus of Khaled Al Falih's leadership in the oil market?

Increasing oil exports

Defending market share

Cutting production to increase prices

Reducing oil dependency

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What condition did the deputy Crown Prince set for a potential oil deal?

Russia joining the deal

OPEC cutting production

Iran freezing its oil output

Saudi Arabia increasing production

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is seen as the driving force behind the new oil policy in Saudi Arabia?

Khaled Al Falih

Deputy Crown Prince Mohammed bin Salman

The OPEC Secretary-General

The Saudi King

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant change is happening in Saudi Arabia's economic strategy?

Increasing oil prices

Diversifying the economy

Focusing solely on oil exports

Reducing foreign investments

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What new responsibilities does the transformed ministry in Saudi Arabia have?

Tourism and culture

Only oil production

Foreign trade

Energy, industry, and mineral resources