Qn. 1 / 14

Att - 0 / 14

Submit All

What are the three main segments of the oil and gas industry?

Upstream, Downstream, and Side stream

Upstream, Downstream, and Midstream

Upstream, Downstream, and Cross stream

Upstream, Downstream, and Main stream

Qn. 2 / 14

Att - 0 / 14

Submit All

Which segment of the oil and gas industry is responsible for the exploration and extraction of crude oil?

Downstream

Midstream

Upstream

All of the above

Qn. 3 / 14

Att - 0 / 14

Submit All

What is the term used to describe the cost of producing one barrel of oil?

Extraction Cost

Production Cost

Full-cycle cost

Operational Cost

Qn. 4 / 14

Att - 0 / 14

Submit All

Which of the following companies is an example of an Indian upstream company?

BPCL

HPCL

ONGC

IOCL

Qn. 5 / 14

Att - 0 / 14

Submit All

What is the primary function of downstream companies in the oil and gas industry?

Exploration and extraction of crude oil

Transportation of crude oil

Refining crude oil into usable products

Regulation of oil and gas markets

Qn. 6 / 14

Att - 0 / 14

Submit All

What type of relationship exists between upstream and downstream companies in terms of oil prices?

Symbiotic

Parasitic

See-saw

Independent

Qn. 7 / 14

Att - 0 / 14

Submit All

What role do midstream companies play in the oil and gas industry?

Exploration and extraction of crude oil

Refining crude oil into usable products

Transportation of crude oil from wells to refineries

Regulation of oil and gas markets

Qn. 8 / 14

Att - 0 / 14

Submit All

What are the two main characteristics that differentiate various types of crude oil?

Viscosity and color

Sulfur content and density

API Gravity and sweetness

Volatility and odor

Qn. 9 / 14

Att - 0 / 14

Submit All

What does API Gravity measure in crude oil?

Sulfur content

Density compared to water

Viscosity

Volatility

Qn. 10 / 14

Att - 0 / 14

Submit All

Which type of crude oil is considered 'sweeter'?

Crude oil with higher sulfur content

Crude oil with lower sulfur content

Crude oil with higher API Gravity

Crude oil with lower API Gravity

Qn. 11 / 14

Att - 0 / 14

Submit All

Which crude oil benchmark is used for trading on the MCX (Multi Commodity Exchange of India)?

Brent Crude

WTI Crude

Dubai Crude

Oman Crude

Qn. 12 / 14

Att - 0 / 14

Submit All

What is the impact of increasing crude oil inventory levels on crude oil prices?

Prices tend to increase

Prices tend to decrease

Prices remain stable

The impact is unpredictable

Qn. 13 / 14

Att - 0 / 14

Submit All

Which organization releases weekly reports on crude oil inventory levels?

International Energy Agency (IEA)

Organization of the Petroleum Exporting Countries (OPEC)

US Energy Information Administration (US EIA)

World Trade Organization (WTO)

Qn. 14 / 14

Att - 0 / 14

Submit All

What type of relationship exists between the US Dollar and crude oil prices?

Direct correlation

Inverse correlation

No correlation

The relationship is unpredictable