What was the initial market reaction to OPEC's decision in Algiers?
Is OPEC's Credibility Crumbling?

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Business, Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Oil prices remained stable.
Oil prices dropped significantly.
Oil prices were expected to rise to $60 a barrel.
Oil prices were expected to fall to $40 a barrel.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the Brent first and second month spread indicate about the oil market?
A balanced oil market.
An oversupply in the physical oil market.
An increase in oil demand.
A decrease in oil supply.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which countries are mentioned as returning with oil supply?
Saudi Arabia and Iran
Canada and Mexico
Libya and Nigeria
Russia and Venezuela
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential risk for speculators with long positions in the oil market?
Oil prices might remain unchanged.
Oil prices might decrease, leading to losses.
Oil prices might increase further.
Oil prices might stabilize.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the general sentiment of analysts regarding the future of oil prices?
Neutral with no significant changes expected.
Confident in OPEC's ability to control prices.
Pessimistic due to oversupply.
Optimistic about a price increase.
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