The U.S. only in recent months began exporting more petroleum than it imports, a shift fueled by record shale production in fields such as the Permian Basin.
Saudi Arabia slashed its official crude pricing over the weekend and is threatening to raise output to record levels, while Russia’s largest producer said it will ramp up production next month.
In a meeting with OPEC Secretary-General Mohammad Sanusi Barkindo, Oil Minister Dharmendra Pradhan pitched for better terms like reduction in selling price and extension of credit period.
The conventional wisdom is that if a govt fails to improve the lot of the voters, it is punished. Kumar presided over an economic disaster for 20 years and was re-elected by a landslide.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
COMMENTS