Post Utme Wellspring University 2019 General Studies Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Wellspring University General Studies examination.

Post Utme Wellspring University 2019 General Studies Objective / Multiple Choice
Question 38 POST_UTME_WELLSPRING_UNIVERSITY • 2019 • GENERAL STUDIES • objective

The Organization of the Petroleum Exporting Countries (OPEC) is a cartel of oil-producing countries that works to promote their common interests in the global oil market. Which of the following is a key challenge facing OPEC in the current global oil market?

Answer Options

Correct Answer A. The rise of shale oil production in the United States
B. The increasing demand for oil from emerging markets
C. The decline in global oil prices
D. The lack of cooperation among OPEC member states
Correct Answer
A
Correct Option:
The rise of shale oil production in the United States

About This Question

This is Post Utme Wellspring University 2019 General Studies Question 38. It is one of the objective questions from the 2019 Post Utme Wellspring University General Studies examination.

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