Pradhan Takes Up Oil Pricing At New Delhi Dialogue With OPEC


Pradhan Takes Up Oil Pricing At New Delhi Dialogue With OPEC

India, the world’s third-biggest oil consumer, Wednesday pressed OPEC to move to responsible pricing of oil and gas saying the recent spike in rates are far detached from market fundamentals and are hurting importing nations. At the annual institutional dialogue between the world’s third-largest oil importer and the Organisation of Petroleum Exporting Countries (OPEC), Oil Minister Dharmendra Pradhan gave the cartel, which accounts for 45 per cent of the world output, a perspective of an importing country. (Text: PTI) Read more

Leave a Reply

Your email address will not be published.