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Welcome To IANS Live - INTERNATIONAL - OPEC+ agrees to increase oil production for 3 months

Photo Credit: IANS IANSLive Riyadh, April 2 (IANS) The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries, known as OPEC+, have agreed to increase oil production for May, June and July 2021. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow IANS at Twitter. Update: 02-April-2021

Power play - India wields oil weapon to cut dependence on Saudi

7 Min Read NEW DELHI (Reuters) - When India’s government last month asked refiners to speed up diversification and reduce dependence on the Middle East - days after OPEC+ said it would maintain production cuts - it sent a message about its clout and foreshadowed changes to the world’s energy maps. India s Oil Minister Dharmendra Pradhan speaks at a road show organised by the Directorate General of Hydrocarbon (DGH) in Mumbai, India, October 26, 2017. REUTERS/Shailesh Andrade/File Photo It was a move that had been in the works for years, fuelled by repeated comments from Indian Oil Minister Dharmendra Pradhan, who in 2015 called oil purchases a “weapon” for his country.

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