What runs the world? Oil. And members of the OPEC and its allies, which produce about 40% of the world's crude oil, want to reap maximum benefits out of this if they can help it.
Recently, Saudi Arabia — the world's top oil exporter decided to cut down oil production, likely in a bid to drive up prices. This comes after OPEC countries made significant cuts in April without any prior warning. What is the impact? Tune in to our deep dive!
In this episode, we also take a look at the trends in India’s aviation sector. Follow The Signal Daily for more!
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Why OPEC Wants to Keep Oil Prices High