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Government Asks OPEC+ To Fulfill Promise Of Price Stability: Oil Minister
Government Asks OPEC+ To Fulfill Promise Of Price Stability: Oil Minister
Oil prices have recovered from last year s price crash spurred by the pandemic, helped by production cuts by the OPEC+ group.
Updated: March 04, 2021 10:29 am IST
India, the world s third largest oil importer and consumer, wants major OPEC+ producers to boost output in order to fulfill their promise of stable crude markets, the nation s oil minister Dharmendra Pradhan said on Wednesday.
Mr Pradhan said at the CERAWeek conference by IHS Markit that India, where fuel demand is recovering to pre-pandemic levels, would like to rely on reasonable and responsible oil prices. ....

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