Oil and Gas Market Factors Quiz

Economic fluctuations in major consumer countries

Technological advancements in extraction methods

Environmental regulations and concerns

Global political stability (correct)

Increasing workforce diversity

Investing in renewable energy projects

Hedging through financial instruments (correct)

Expanding exploration activities to new regions

Stringent government regulations on marketing strategies

Limited access to advanced drilling technologies (correct)

High consumer awareness and ethical consumption trends

Fluctuating demand due to seasonal variations