PETROLEUM + OIL Flashcards

1
Q

BRENT CRUDE OIL COME FROM

A

SHETLAND + NORWAY = OIL FEILDS IN NORTH SEA

BENCHARK PRICE OF OPEC

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2
Q

WTI IS A

A

WEST TEXAS INTERMEDIATE (WTI)
US PIL FEILDS

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3
Q

OPEC FORMED

A

BAGDAD CONFERENCE - 1960

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4
Q

COUNTRIES INVOLVED IN FORMATIONOF OPEC

A

IRAN
IRAQ
KUWAIT
SA
VENEZUELA

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5
Q

IN 2020 MEMBER IN OPEC

A

13

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6
Q

HEAD Q OF OPEC

A

VIENNA , AUSTRIA

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7
Q

OIL STORAGE THING IS MANGED IN INDIA BY

A

INDIAN STRATEGIC PETROLEUM RESERVE LIMITED

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8
Q

INDIAN STRATEGIC PETROLEUM RESERVE LIMITED OWNED BY

A

OIL DEVELOPMENT BOARD UNDER MINISTRY OF PETROLEUM

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9
Q

STARTEGIC CRUDE OIL STORAGES ARE IN

A

MANGLORE - KARNATKA
VISHAKHAPATNAM - AP’
PADUR - KARNATAKA

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10
Q

TOTAL FUEL STORAGE

A

5.33 MT

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11
Q

INDIA REFINERS MAINTAI CRUSE OIL STORAGE OF ,,,,,,,,,,DAYS

A

65 DAYS

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12
Q

INDIA BECAMES IEA ASSOCIATE MEMNBER

A

2017

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13
Q

INDIA WORLDS LARGEST RECEIVER OF REMITTANCES

A

USD 87 BILLION - 2021

INDIA
CHINA
MEXICO

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14
Q

OPEC+

A

OPEC COUNTRIES + 10 NON OPEC

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15
Q

OPEC+ FORMED

A

2016

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