Iotra 2019 Part 1
PLEASE READ THE INSTRUCTIONS CAREFULLY IOTRA 2019 is divided into 2 parts. The total time limit is 240 Minutes (4 Hours) - Part 1 60 Minutes, Part 2 180 Minutes You are free to use the internet, however taking help from other examines is strictly not allowed. This part has a total of 7 questions and all questions are compulsory. Please feel free to ask the examiner incase of any doubts. All write ups will be checked for plagiarism. Please write in your own words and do not copy from the internet or any other article. All articles with more than 10% plagiarism will be marked as 0. You can use online tools like SMALLSEOTOOLS before you submit your articles. To answer the questions in Part 1 please read the article at this link first.
- 1.What or who is driving the demand in oil consumption ? ( 2 points)
- 2.What are the reasons for the falling oil prices? (Answer only in Bullet Points) (5 points)
- 3.Summarize the article in 150 to 200 Words. (10 points)
- 4.What was the West Texas Intermediate Crude Oil Price ($ Per Barrel in August 2015)? (1 point)
- A.
US$ 50
- B.
US$ 40
- C.
US$ 60
- D.
US$ 80
- 5.What is the Expected Price of Oil in $ Per Barrel in 2020 as per EIA? (1 point)
- A.
US$ 80
- B.
US$ 50
- C.
US$ 60
- D.
US$ 55
- 6.
What is the approximate growth (in %) of West Texas Intermediate crude-oil price ($ Per Barrel) between May 2014 and April 2015. (10 points)- A.
- 45%
- B.
45%
- C.
0.9%
- D.
1.9%
- E.
-0.9%
- F.
-1.9%
- G.
65%
- H.
-65%
- I.
100%
- J.
-100%
- 7.What is the expected growth rate of demand and what was the average growth rate? (1 point)
- A.
0.9% and 1.9%
- B.
90% and 19%
- C.
5% and 8%
- D.
45% and -52%
Questions: 20 | Attempts: 116 | Last updated: Mar 21, 2022
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