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OECD (organisation for economic cooperation and development)

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 OECD It is an intergovernmental organisation with 38 member countries . This organisation was founded in 1961. The majority of OECD members are high income economies and are regarded as developed countries. The OECD is an official United Nations Observer headquarter in Paris. There are some publications by OECD. Books(OECD ilibrary ) OECD economic outlook (releases twice a year) Main economic indicators (Monthly) OECD Factbook(yearly) OECD communication outlook Magzines Statistics Working papers Reference books SDG pathfinder 

Indian oil outlook to 2030

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 Indian oil outlook to 2030 Important facts for upsc It is published by IEA (International energy agency). According to the report India is the third   largest oil consuming country after USA and China. India can surpass China  in oil demand upto 2027. Diesel/gasoline is identified as the single largest source of demand growth for India. India currently is the third lagest crude oil producer and consumer. India is already the world's third largest consumer and producer of ethanol (ethanol blending rate is 12% which is highest at global level). What is IEA(International energy agency)? Headquarter :-   Paris  31 members including India and four accession countries. One important thing is to be a member of IEA country should also be the member of OECD . Major reports given by IEA World energy outlook World energy investment report India energy outlook report  SPR( strategic petroleum reserve) These are the stockpiles of crude oil which are maintained by countries ensuring a stable s