UAE Oil Minister Says Not Expecting 'Catastrophic' Conflict

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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 primary concern discussed in the first section regarding geopolitical tensions?
The role of technology in oil extraction
The impact on global trade
The hope for no further escalation
The need for increased oil production
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the speaker suggest is beyond their control in the second section?
Geopolitical situations
Technological advancements
Oil production levels
Market demand
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the second section, what is OPEC's stance on addressing potential supply gaps?
They will act unilaterally
They are ready to take necessary actions
They will ignore the issue
They will increase prices
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the third section, how does the speaker describe the current oil market?
Over-saturated
Well-supplied
Unpredictable
In crisis
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What approach does OPEC plan to take for decision-making as mentioned in the third section?
Decisions by a few countries
Unilateral decisions
No decisions at all
Group decisions
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