News Item 3

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News Item 3:

General Comprehension. True or False Questions.
1.
Sheik Ahmed Zaki Yamani was forced to resign as Saudi Arabia's Oil Minister.
2.
Yamani was out of favor with the King for twenty-four years.
3.
Yamani's firing shocked the oil market.
4.
Oil traders in New York had some idea before Yamani's firing was announced.
5.
Yamani had been leading OPEC in a war against the United States.
6.
It was Saudi Arabia's increased oil production and an oversupply in the oil market that lowered the price of oil by 50%
7.
When Yamani was the Oil Minisster, the oil price was about eighteen dollars a barrel.
8.
Traders in New York were assuming that King Fahd and his new Minister were going to set higher prices.

Listening answers

News Item 3:

General Comprehension. True or False Questions.
1.
Sheik Ahmed Zaki Yamani was forced to resign as Saudi Arabia's Oil Minister.
2.
Yamani was out of favor with the King for twenty-four years.
3.
Yamani's firing shocked the oil market.
4.
Oil traders in New York had some idea before Yamani's firing was announced.
5.
Yamani had been leading OPEC in a war against the United States.
6.
It was Saudi Arabia's increased oil production and an oversupply in the oil market that lowered the price of oil by 50%
7.
When Yamani was the Oil Minisster, the oil price was about eighteen dollars a barrel.
8.
Traders in New York were assuming that King Fahd and his new Minister were going to set higher prices.