vimarsana.com

ஆர்கநைஸேஶந் ஆஃப் ஏற்றுமதி பெட்ரோலியம் நாடுகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

India Calls on OPEC+ to Produce More Crude

India presses OPEC to drop artificial cuts that boost oil prices

India presses OPEC to drop “artificial cuts” that boost oil prices By Dina Khrennikova and Olga Tanas on 3/2/2021 Tarun Kapoor, secretary at India’s Ministry of Petroleum and Natural Gas MOSCOW (Bloomberg) India has reiterated its call to OPEC+ to increase oil production from April as the alliance meets this week to discuss future steps. “Artificial cuts to keep the price going up is not something we support,” Tarun Kapoor, secretary at India’s Ministry of Petroleum and Natural Gas, told reporters in Moscow on Wednesday at the opening ceremony of India’s energy center. It’s not the first time India, one of the biggest buyers of the producer group’s crude, has urged the Organization of Exporting Petroleum Countries and its partners to pump more oil. In January, when Saudi Arabia surprised the market with a voluntary production cut of 1 million barrels a day in February and March, Indian oil and gas min

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.