What has been the effect of oil production cuts by major oil nations on fuel prices?
Oil prices to remain low in short-term

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Business
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10th Grade - University
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Hard
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How do global economic conditions affect fuel consumption and oil stockpiles?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the potential long-term consequences if oil companies cannot afford new exploration or drilling?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What price per barrel is needed for oil companies to invest in new production capacities?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What could happen in the future if economies begin to heat up again regarding oil stockpiles?
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