Fetching News Details
Now that the OPEC meeting is over, the rumours about India and China forming oil buyers’ club has started worrying the cartel. The two countries account for a combined 17% of global oil consumption, so the uneasiness is nothing but genuine. Adding to this, now even Japan and Europe are likely to join the new cartel. The stance on India, China, and Europe on EV adoption could cripple OPEC.
