NEW DELHI: Centre discussed the current tendencies and volatility within the world oil market and their influence on world vitality stability with OPEC secretary normal on Friday.
During the phone dialog with Haitham Al-Ghais India’s oil minister Hardeep Singh Puri “emphasized the importance of balancing market stability, affordability, with pragmatism”, mentioned the assertion.
India imports greater than 85% of its oil wants and historically depends on Middle Eastern oil producers for many of its necessities. These producers are largely members of the Organization of the Petroleum Exporting Countries.
During the phone dialog with Haitham Al-Ghais India’s oil minister Hardeep Singh Puri “emphasized the importance of balancing market stability, affordability, with pragmatism”, mentioned the assertion.
India imports greater than 85% of its oil wants and historically depends on Middle Eastern oil producers for many of its necessities. These producers are largely members of the Organization of the Petroleum Exporting Countries.