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| Name | OPEC+ Cuts Oil Output | Will Oil Prices Surge? How Could It Affect The Countries? | UPSC 2023 |
| Video Uploader | Video From BYJU'S IAS |
| Upload Date | This Video Uploaded At 03-04-2023 11:30:19 |
| Video Discription | OPEC Plus countries that includes Saudi Arabia and Russia has announced surprise cuts in oil production. They have announced output cuts of by more than 1.2 million barrels of crude per day in an apparent effort to increase prices. Subsequent to the announcement of oil production cut by OPEC+ Oil prices have surged and surpassed USD 85 per barrel. Both the American and global oil benchmark prices have risen by 7 percent. In this video of the Big News, we will be discussing what exactly is OPEC+ and the implications of its decision. Why has OPEC plus announced Oil Production cuts? What is OPEC? What is OPEC Plus? Will Oil Prices see a surge due to production cuts by OPEC plus? for answers to these questions and much more watch the full video. Understand various current affairs topics, strictly from the perspective of the UPSC Civil Services Examination, subscribe to our YouTube Channel Now!!! For Complete Revision of Important Current Affairs for Prelims 2023, Watch Target Prelims 2023. Download the BYJU'S Exam Prep App Now! 👉 https://click.gradeup.co/Fqr0/ytIASEng Target Prelims 2023 Phase 2 Timetable (9th March - 14th April 2023): 👉 https://cdn1.byjus.com/wp-content/uploads/2023/03/Target-Prelims-2023-Phase-2-Schedule.pdf Join us on Telegram for all the latest updates: 👉 https://t.me/BYJUSEXAMPREPIAS Subscribe to "BYJU’S IAS" Channel: 👉 https://www.youtube.com/c/BYJUSIAS?sub_confirmation=1 Subscribe to our “BYJU’S IAS Hindi” Channel: 👉 https://www.youtube.com/c/BYJUSIASHindi?sub_confirmation=1 Download PDF: https://cdn1.byjus.com/wp-content/uploads/2023/04/The-Big-News-3rd-April-2023-Opec-Announces-Oil-Output-Cuts-.pdf Register FREE - BYJU’S National Scholarship Test (BNST) for IAS 👉 https://byjus.com/bnst-ias/?utm_source=youtube-organic-byjus-ias-english&utm_medium=mCvkxIJRls4&utm_campaign=yt-o-ias-english-bnst-ias Top Playlists for UPSC Civil Services Exam (CSE): The Hindu News Analysis 2023 Playlist: 👉 https://www.youtube.com/playlist?list=PLkJ-kjtioPGq0irmVZqQ8bQFu5ki1wPtz Strategy Series Playlist: How To Prepare for UPSC Prelims & Mains? 👉 https://www.youtube.com/playlist?list=PLkJ-kjtioPGpBrUTnM9OMjnbduyHSFpQL Target Prelims 2023 Daily Quiz Playlist: 👉 https://www.youtube.com/playlist?list=PLkJ-kjtioPGrLDbvn9mM8QexvnOaSynfO Knowledge Series Playlist | Cover 100+ Key Static Topics: 👉 https://www.youtube.com/playlist?list=PLkJ-kjtioPGrQ_jYd2rnFyvc4BUSEA8vL The Big News Playlist | Watch & Understand Big Breaking News: 👉 https://youtube.com/playlist?list=PLkJ-kjtioPGogCeqQdQMGkIKtFzIlx-eN Economy This Week Playlist: 👉 https://www.youtube.com/playlist?list=PLkJ-kjtioPGrnAYrBxGA1Z5P26LJo4zMJ International Relations This Week Playlist: 👉 https://www.youtube.com/playlist?list=PLkJ-kjtioPGrNey7ZDJXpdCGDKSvFFIR1 Explained Playlist | In-depth Analysis of Weekly Current Affairs: 👉 https://www.youtube.com/playlist?list=PLkJ-kjtioPGqlUxUXouzs6wKfjXvkg2xA For The Hindu Analysis in Hindi, visit: @BYJUSIASHindi For more information on BYJU'S IAS courses, call us on: +91-9538419666 Happy Learning! @BYJUSIAS #crudeoil #opecplus #brent #petrol #petrolprice #crudeoillevels #crudeoilprices #barrel #opec #oilpricehike #oilprices #oilpricesurge #oilpricelive #opecpluscountries #opecplus #opec+ #opecplusformation #upsc #ias #iasexam #indiausaupsc #breakingnews #latestnews #currentaffairsfortoday #upsccseprelims2023 #upscpre2023 #upscpreparation #iasprelims #iasprep #iascurrentaffairs #currentaffairs #currentaffairstoday #upsccurrentaffairs #dailycurrentaffairs #prelims2023 #prelimsbooster #todaycurrentaffairs #upsc2023 #iascurrentaffairs #dailycurrentaffairs #newsanalysis #upscprelims2023 #currentaffairs2023 #BYJUSBIGNEWS #byjusias #byjusexamprepias |
| Category | Education |
| Tags | opec oil production update | opec oil production | What is OPEC | why OPEC+ has slashed oil production | oil-producing countries | About opec | opec plus | opec objective | Opec members | opec upsc | Opec full form | opec full information | opec news | opec history | opec headquater | opec oil crisis | India's oil imports from Opec countries | difference between opec and opec plus | Will Oil Prices rise? | Oil Price Surge | UPSC | IAS | UPSC Prelims | BYJU'S | what is opec plus? | oil prices |
