Test Your Knowledge About The Organization Of The Petroleum Exporting Countries

10 Questions | Total Attempts: 137

SettingsSettingsSettings
Please wait...
Test Your Knowledge About The Organization Of The Petroleum Exporting Countries

Oil is one, if not the most, precious commodity on earth. We need it for machinery, our cars, and most of all, it helps build economies and wealth (especially for emerging countries and developing countries. ) It is more than 50 years old, and was created in Baghdad. With its headquarters in Switzerland, Geneva, do you think you know everything about this organization? Take our quiz and find out.


Questions and Answers
  • 1. 
    How many states are members of this organization?
    • A. 

      14

    • B. 

      16

    • C. 

      18

    • D. 

      20

  • 2. 
    Who is the current secretary general?
    • A. 

      Idris Deby Itno

    • B. 

      Mohammed Barkindo

    • C. 

      Kofi annan

    • D. 

      Ali Bongo Ondimba

  • 3. 
    What's the currency used?
    • A. 

      Euros

    • B. 

      US Dollars

    • C. 

      The Pound

    • D. 

      The Rand

  • 4. 
    In what year was it founded?
    • A. 

      In 1950

    • B. 

      In 1958

    • C. 

      In 1960

    • D. 

      In 1962

  • 5. 
    How many states founded this organization from the beginning?
    • A. 

      3

    • B. 

      5

    • C. 

      7

    • D. 

      9

  • 6. 
    Which country submitted an application in 2015?
    • A. 

      Saudi Arabia

    • B. 

      Sudan

    • C. 

      Gabon

    • D. 

      Angola

  • 7. 
    Which report is published by the OPEC annually?
    • A. 

      The World Oil Outlook

    • B. 

      The World Oil Report

    • C. 

      The World state

    • D. 

      The Oil Business State

  • 8. 
    What's a crude oil benchmark?
    • A. 

      It's a standardized petroleum product that serves a convenient reference price for buyers.

    • B. 

      It's a petroleum product that serves a convenient price for buyers.

    • C. 

      It's a product that serves a convenient reference price for buyers.

    • D. 

      It's a standardized petroleum product for buyers.

  • 9. 
    What's the other term for futurex exchange?
    • A. 

      Futures market

    • B. 

      Future market

    • C. 

      Stock exchange

    • D. 

      Exchange forum

  • 10. 
    What's the other term for West Texas intermediate?
    • A. 

      Texas light oil

    • B. 

      Texas sweet

    • C. 

      Texas light sweet

    • D. 

      Texas light

Related Topics
Back to Top Back to top