VOICED : OPEP: Vital invertir en la industria para asegurar suministro

OPEC has highlighted the need for significant investments in the oil industry to ensure future supply, as low prices have increased demand. The organization, comprising 14 countries, estimates that $10 trillion will be needed between 2016 and 2040. Oil companies have reduced investments and delayed projects due to the drop in oil prices from $100 to $30 per barrel. OPEC, which supplies a third of the world's oil, reached an agreement in September to cut production for the first time in eight years, aiming for price recovery. The organization also forecasts a significant rise in oil consumption, with transportation infrastructure expanding and the number of passenger vehicles expected to double by 2040.

What does OPEC emphasize as necessary for ensuring future oil supply?

• Increasing oil prices

• Decreasing oil demand

• Significant industry investments

• Reducing oil production

How much investment does OPEC estimate is needed between 2016 and 2040?

• $5 trillion

• $20 trillion

• $10 trillion

• $15 trillion

What action did oil companies take in response to falling crude prices?

• Increased production

• Hired more employees

• Cut investments and postponed projects

• Opened new oil fields

What was the significant decision made by OPEC in September?

• To stop oil exports

• To cut production for the first time in eight years

• To increase oil production

• To maintain current production levels

By 2040, what change does OPEC project in the number of passenger vehicles?

• A tripling

• A doubling

• No change

• A decrease by half