Tuesday, 9 August, 2022
TopicOPEC

Topic: OPEC

OPEC’s second largest producer Iraq hit as cheap Russian oil flows into Asia

Sharon Cho -
Basrah Medium & Heavy crude, Iraq's main exported grades, face a threat in international markets as major buyers, India & China prefer discounted Russian crude oil after Ukraine invasion.

Oil advances ahead of OPEC+ meet after surging on EU’s Russian oil ban

Sharon Cho -
The EU plans to ban Russian oil over the next six months and refined fuels by the end of the year, to increase pressure on Vladimir Putin over his invasion of Ukraine.

How US & allies’ potential sanctions on Russian oil & gas could hit life in Europe

Suchet Vir Singh -
Sanctions on energy imports from Russia could have complicated effects on oil & gas supply chains globally, and in Europe, living standards and economic activity could be impacted.

Why Saudi Arabia and UAE need to remain friends despite their OPEC fight

Bobby Ghosh -
Faced with foreign policy challenges of rising Iranian menace to the Middle East and US retrenchment from region, Saudi Arabia & UAE know they can’t let their differences get out of hand.

Modi govt again urges OPEC+ to boost oil supply as rising fuel prices push inflation

Grant Smith -
It’s not the first time that India has voiced concern over OPEC’s output policy. In Jan, Oil minister Dharmendra Pradhan said OPEC's policy was 'creating confusion for consuming countries'.

Why India is buying more crude oil from Africa & North America and not Middle East

Debjit Chakraborty -
India's shift to exporters like US and Nigeria comes amid an increased demand for gasoline, as the pandemic pushes people to private cars instead of public transport.

OPEC’s got to play the coronavirus waiting game ahead of crucial meetings

Julian Lee -
The Covid pandemic’s persistence means oil producers can’t relax just yet. Oil demand hasn’t recovered as fully, or as rapidly, as they’d hoped.

Oil markets cheering the prospects of Covid vaccine, but here is why OPEC+ can’t celebrate

Grant Smith -
The alliance of producers is discussing a delay of the supply boost they’d hoped to make in January as demand is suffering a fresh blow from the pandemic's resurgence.

Recovery in oil consumption could take decades as aftermath of Covid crisis remains unclear

Julian Lee -
After the oil-price slump of the mid-1980s, it took two decades for prices to return to their previous levels — longer if you build in the effects of inflation.

Oil price falls below zero dollar a barrel, that’s right – below $0

Javier Blas -
The world’s most important commodity is quickly losing all value as chronic oversupply overwhelms the world’s crude tanks, pipelines and supertankers.
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Opinion

Opposition leaders protest outside Parliament | Representative image | ANI

Confused, aimless—why Opposition parties live up to Ronen Sen’s ‘headless chicken’ remark

D.K. Singh -
From ‘compromising national security’ to 'playing havoc' with institutions, the Opposition continues to attack Modi while failing to reflect on own actions.
Illustration by Manisha Yadav | ThePrint

After Mammootty and Mohanlal, who? Fahadh Faasil is the new poster boy of Malayalam cinema

US Special Forces and NATO troops in Afghanistan | Representational image | Commons

US interests in Af-Pak now just ‘transactional’. People can fight their own battles

Economy

A suspension pylon in Tamil Nadu | Commons

You thought power subsidy is a Delhi-Punjab problem? Check out Tamil Nadu’s power sector mess

Nikhil Rampal -
RBI data shows Indian discoms owe power generation firms over Rs 4.5 lakh crore, almost a third of which is owed by Tamil Nadu, where power subsidy cost is twice that of food subsidy.

Defence

Women Army officers outside the Supreme Court in New Delhi on 17 February 2020 ( representational image) | Photo: Suraj Singh Bisht | ThePrint

First batch of 19 women cadets join NDA, set to begin training this week

Suchet Vir Singh -
The cadets will train for three years at NDA, Khadakwasla for the 148th course. The Supreme Court last year paved the way for women to take the NDA test for the first time.

National Interest

In Kashmir 3 years on, 3 positive changes, 3 things that should’ve happened & 3 that got worse

Shekhar Gupta -
Kashmir as a crisis has fallen off our headlines and from the top of our collective minds. Which is precisely the most important change for the better.

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