OPEC ignores India's call, Saudi asks New Delhi to use cheap

OPEC ignores India's call, Saudi asks New Delhi to use cheap oil it bought last year


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.
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. 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
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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.

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