OPEC Country Current Affairs, GK & News
ADIPEC conference is being held in Abu Dhabi, from November 15 to November 18, 2021. Highlights World’s biggest oil & gas companies and several OPEC+ energy ministers are there in Abi Dhabi to attend this conference. The conference is taking place in the backdrop of COP26 climate talks and increasing energy prices. Brent crude has ..
Category: Summits and Conferences
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 ..
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 ..
Category: International / World Current Affairs
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 ..
Category: Places in News Current Affairs