OPEC

IASGateAdmin | 11, Apr 2020

OIL PRICE WAR &…

Context: OPEC, Russia and other allies have outlined plans to cut their oil output by more than a fifth.The US,…

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IASGateAdmin | 11, Apr 2020

G20 EXTRAORDINARY ENERGY MINISTERS…

Why in News? The G20 Energy Ministers’ meeting will be adopting a Joint Statement, which inter alia, proposes to establish…

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IASGateAdmin | 03, Apr 2020

BATTLE TO SET OIL…

Context: The global economy, grappling with the COVID-19 pandemic, is now facing an energy war, with crude oil prices crashing…

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IASGateAdmin | 11, Mar 2020

OPEC+

Context: Recently, Saudi Arabia plans to raise its crude oil production significantly above 10 million barrels per day (bpd) in…

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IASGateAdmin | 10, Mar 2020

OIL PRICES CRASH DUE…

Why in News? Oil fell by the most since 1991 after Saudi Arabia started a price war with Russia by…

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