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Showing posts from April, 2020

Lessons for India Amidst Corona

2020 begun with contagious and deadly Novel CoronaVirus causes unprecedented deaths, Economic Losses but as every adversity brings seeds of Equal or Higher Opportunities likewise India too have points to ponder, introspect & should seize this adversity for better India. Practice of Proper Sanitation Poor Sanitation causes Diarrhea, Cholera, Dysentry, Typhoid, polio which accounts for 10% of death in India as per the World Bank. Every year over 300,000 Indians die from diarrheal diseases which could have been saved by providing only proper Sanitation facilities. Due to Coronavirus, guidelines of WHO has reached to every nook and corner of India and the peoples from rural and low socio-economic background started paying attention for basic health hygiene to contain the Coronavirus-like regular handwashing, cough and sneeze discipline, social distancing and wearing masks which itself by practicing for the last several days, get accustomed to it and the subconscious mind of

Negative Crude Oil Price & Geopolitics

What Happened? Recently, US market saw unprecedented lowest Crude Oil Price below zero at  -$40/Barrels of West Texas Intermediate (WTI), one of the Benchmarks of crude oil based on texas, US. This is one of the lowest Crude prices ever happened in History where the seller's would be paying buyer's to buy Crude Oil. Benchmarks of Crude Oil Mainly 3 Benchmarks in the world for Crude oil Production exists, according to its quality and the Geographical Locations of productions. 1 . West Texas Intermediate(WTI) : This benchmark is based on The Shale oil production based near Texas, US, considered to be one of the best Oil in the world because of its lowest density, easier to refine, and Highest quality. 2. Brent Blend:  This benchmark of Crude Oil is extracted from the Northern Sea in Europe. 3. OPEC Basket:  This Benchmark is based on Oil being extracted by countries from OPEC (Saudi Arabia, Algeria, UAE, Venezuela, Iran, Iraq, Kuwait, etc) whose Density of Oil is muc