VOICED : Arabia: poco probable extender reduccion a oferta de crudo

The Saudi Ministry of Energy reports improving oil market conditions, suggesting no need to extend OPEC agreements. Demand is expected to rise in summer, ensuring market supply without deficits. Agreement extensions are possible if needed, with flexibility from involved parties. Saudi Arabia, a leading oil exporter, plays a key role in these agreements. For more details, visit the provided website.

What did the Saudi Ministry of Energy report about the current state of the petroleum market?

• The market is unpredictable.

• The market is stable.

• The market conditions are improving.

• The market is deteriorating.

Why might the extension of OPEC agreements not be necessary according to the report?

• Because the market conditions are improving.

• Because the market is already oversupplied.

• Because there is no demand for oil.

• Because the agreements have expired.

What is expected to happen to oil demand during the summer?

• It will increase.

• It will remain the same.

• It will fluctuate unpredictably.

• It will decrease.

Under what condition will the extension of the agreements be considered?

• If there is a surplus of oil.

• If the agreements are popular.

• If there is a need for it.

• If the agreements are profitable.

Which country is mentioned as the world's largest oil exporter?

• Russia

• China

• United States

• Saudi Arabia