Kuwait's Al-Saleh: $50-$60 Is Acceptable for Oil

Kuwait's Al-Saleh: $50-$60 Is Acceptable for Oil

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Business, Social Studies, Other

University

Hard

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The transcript discusses Kuwait's budget deficit due to lower oil prices and plans to tap international markets to raise funds. It covers the outlook on oil prices, satisfaction with OPEC production cuts, and the impact of oil prices on the budget deficit. The discussion includes future oil price expectations, production levels, and the status of oil fields in the neutral zone. Additionally, it touches on plans to sell stakes in the national oil company and the potential influence of the Aramco IPO.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the auditing committee mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the oil price staying at $55 for the budget deficit?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What future plans does Kuwait have regarding the sale of stakes in its national oil company?

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