Iraq’s Oil Minister Ghadhban on Compliance With OPEC+ Production Cuts 

Iraq’s Oil Minister Ghadhban on Compliance With OPEC+ Production Cuts 

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses OPEC's production adjustments, focusing on compliance and economic analysis. It highlights the professional discussions among member countries, addressing oversupply concerns and the need for deeper cuts. The dialogue also covers the pressure dynamics within OPEC, particularly regarding Iraq's economic challenges and the role of Saudi Arabia. The importance of unanimous decisions and the potential for extraordinary meetings to address ongoing issues are emphasized.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role did the Economic Commission Board play in the discussions about oversupply?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the members of OPEC respond to the pressure regarding production cuts?

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