OPEC Country Current Affairs, GK & News

US Becomes India’s Second Biggest Oil Supplier

The United States has become the second biggest oil suppliers of India by overtaking Saudi Arabia. This shift comes after the refiners boosted cheaper U.S. crude purchases to a record levels in order to offset the OPEC+ supply cuts. Key points The switch in supplies were triggered by the lower U.S. crude demand. It was ..

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OPEC and Russia approve biggest Oil Cuts

The Organization of Petroleum Exporting Countries (OPEC) and Russia have come together to cut oil output by 10%. This is being done to control the falling oil prices amidst lock down all over the world due to COVID-19. Background The Russian Government earlier refuted to sign the deal when Saudi Arabia initiated production cuts. Russian ..

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Saudi Arabia:  Travel abroad restriction on women lifted

In a landmark reform, Saudi Arabia has allowed women above 21 years of age to receive passports (issue or renew) and travel abroad without permission from a male guardian. Saudi Arabian Women have for long required permission from their male guardians (which includes husband, father and other male relatives) for these tasks. These restrictions have ..

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