28 December, 2019
Syllabus subtopic: Bilateral, regional and global groupings and agreements involving India and/or affecting India's interests
Prelims and Mains focus: about the recent oil supply cut by OPEC countries and the reasons behind it; OPEC and OPEC+
News: The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, may consider wrapping up their oil output reduction in 2020, Russian Energy Minister Alexander Novak said on Friday.
Source: Indian Express
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