Shale King Harold Hamm: Here's Why We'll Get an OPEC Deal

Shale King Harold Hamm: Here's Why We'll Get an OPEC Deal

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the dynamics of the oil market, focusing on OPEC's strategies to remain relevant by balancing supply and demand. It highlights the challenges faced by OPEC in negotiating with countries like Iran and Iraq, and the potential strategies Saudi Arabia might employ to influence oil prices. The discussion also covers the impact of US shale production on the global oil market and the discipline shown by US producers in maintaining production levels.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the potential consequences if OPEC members do not reach an agreement.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker perceive the future of oil price regulation?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does US shale production play in the global oil market according to the speaker?

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