1. OPEC

OPEC

Biden ‘re-evaluating’ US relationship with Saudi Arabia after OPEC+ oil decision

  Washington: Angered over the OPEC+ decision last week to decrease oil production, the US is mulling re-evaluation of its relationship with Saudi Arabia. President Joe Biden feels that the US’ relationship with Saudi Arabia…

Why OPEC+ production cut is terrible news for Modi government

OPEC+ (OPEC and non-OPEC allies) decided on Wednesday to reduce oil production by 2 million barrels per day from next month. The move, it can be appreciated, has been taken in self interest to recover…

Crude prices may spiral as OPEC oil cartel mulling biggest cut in oil production since pandemic

. OPEC oil cartel and its allies, including Russia may consider biggest cut . Oil prices shot up by as much as 4 per cent on Monday .OPEC+, controls more than 40 per cent of…

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