OPEC+

Arthanomics_170

“Why would the OPEC+, the cartel of oil producing countries which accounts for nearly 40% for the world’s crude oil production would announce a staggering production cut ?”

This post focuses mainly on the what made the OPEC+ countries to go for production oil cuts amid the Russia-Ukraine crisis and the repercussions this would have on India as well as Global economy. Please read the post to know more about this

Credits: Aditya Shakya and Akshay Pawar.