Tag: OPEC +

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When Citizens Fall Silent: National Well-Being, Democratic Responsibility and the Duty to Speak

Every nation, irrespective of its economic strength, political stability,...

Pakistan’s Tightrope: The Quest to Become the Gulf’s Net Security Provider

Competing pressures increasingly shape Pakistan’s strategic posture. Geographically anchored...

Resetting the World Order: From Ideology to Geopolitical Bargaining

The post-Cold War order, anchored in unipolar American supremacy,...

A Chief Minister’s Betrayal: When Political Opportunism Tramples the Blood of Indian Soldiers

The recent praise heaped on Velupillai Prabhakaran and the...

Russian discounted oil sales to India might get it into conflict with OPEC

Finance & Markets Joseph P Chacko Joseph P Chacko -
Unlike Natural Gas, the price of which Russia can privately negotiate, oil prices are controlled by the OPEC + cartel. If Russia starts dumping oil, then we can bring discontent on the part of OPEC.

International Energy Agency has lost credibility after the Russian operations in Ukraine

Finance & Markets Frontier India News Network Frontier India News Network -
In March, the International Energy Agency (IEA) predicted a decline in oil production in Russia due to Western sanctions and problems with exports by...