News:The Organization of Petroleum Exporting Countries(OPEC) and Russia has reached a deal deepening their output cuts.This deal is aimed at reducing surplus oil and to bolster crude prices. Facts: About …
Read MoreNews:Ecuador has decided to withdraw from 14-nation Organization of the Petroleum Exporting Countries (OPEC) from 1 January 2020. Facts: Ecuador has taken this decision in the backdrop of internal fiscal …
Read MoreNews: The Organization of the Petroleum Exporting Countries (OPEC) has released the World Oil Demand report. Facts: The report has said that India’s oil demand will rise by the fastest …
Read MoreOrganization of the Petroleum Exporting Countries(OPEC) has won the support of other major oil producing nations to extend a production cut in a bid to shore up prices at a …
Read MoreOil prices have increased up to 2% hitting a five-month high on the expectations that global supplies would tighten due to escalation of the civil war in Libya,OPEC-led cuts and …
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