U.S. Producers Drill Into OPEC's Oil Price Gains
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Business, Architecture
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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 one of the main factors currently putting pressure on oil prices?
OPEC's increased production
US production ramp-up
Decreased global demand
New environmental regulations
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By how much is the US rig count expected to increase by the end of the year?
60%
45%
30%
75%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is US oil production currently very profitable?
Low production costs
High global oil prices
Government subsidies
Increased demand from Europe
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the status of Iraq's oil deliveries according to the report?
Complete halt
Slight increase
No reduction
Significant reduction
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential focus for OPEC in the current political climate?
Increasing production
Maintaining current levels
Adapting to the new US regime
Expanding into new markets
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