OPEC ignores India s call, Saudi asks New Delhi to use cheap oil it bought last year
India s Oil Minister Dharmendra Pradhan had in the run-up to Thursday s OPEC meeting urged the producers group to ease production curbs to fulfil their promise of stable oil prices.
3 min read
. Updated: 05 Mar 2021, 02:14 PM IST PTI
Brent crude, the most widely used benchmark, on Friday rose nearly 1% to $67.44 a barrel after the OPEC and its allies, agreed not to increase supplies in April awaiting more substantial recovery in demand
Share Via
Read Full Story
NEW DELHI :
International oil prices rose after OPEC and its allies ignored India s plea to ease production control, with Saudi Arabia asking New Delhi to instead use oil it bought at rock bottom rates last year.