Current Affairs

GK MCQs Section

Topic: Oil Prices

PM Modi hold talks with the Egyptian President

The Egyptian President Sisi has arrived in India. He is the Chief Guest of the 2023 Republic Day celebrations. The President met PM Modi and the leaders discussed...

January 25, 2023

Asian Development Outlook (ADO) 2022

India’s GDP growth has been forecasted by the Asian Development Bank (ADB) to 7.5 per cent in 2022-23 from 2021-22’s estimated 8.9 per cent. The report has also...

April 7, 2022

Kazakhstan Protests and Emergency

The citizens of Kazakhstan are protesting against the sudden fuel price hike. The ruling government resigned due to the rising tensions. Emergency has been declared in the Central...

January 6, 2022

Wholesale Price Index, WPI of April 2021

The Department for Promotion of Industry and Internal Trade recently released Wholesale Price in India for the month of April 2021. The WPI for the month of April...

May 18, 2021

Russia’s central bank increases interest rates

The Central Bank of Russia has increased the interest rate from 4.5% to 5%. Why did the Bank increase the interest rates? This is the second time the...

April 26, 2021

India’s Petroleum consumption contracts 9.1% in FY21

The Petroleum Planning and Analysis Cell operating under Ministry of Petroleum recently released a report on petroleum consumption of India. According to the report, fuel consumption of the...

April 10, 2021

Monthly Economic Review: March 2021

The Ministry of Finance recently released the Monthly Economic Review for March 2021. According to the report, the Indian Economy is recovering from COVID-19 crisis. The report has...

April 6, 2021

Negative Oil Prices

The near term contracts from USA’s crude oil traded negative for the first time. A barrel was priced at minus 38 USD. Negative Prices A commodity can be...

April 22, 2020

Fall in Global Oil Prices: Reasons and Implications

In last one and half year, the Global oil prices have fallen sharply. From 2010 till mid of 2014, the oil prices were fairly stable above $100 per...

November 6, 2015

Present Global Economic Scenario and Role of United States

US will expectedly lead revival for the developed world and India for the developing world with oil prices on a downward spiral followed by other commodity prices. The...

September 13, 2015

Archives

E-Books

States PSC General Studies

Latest in Hindi