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OPEC+ Should Fulfill Promise of Oil Price Stability: Dharmendra Pradhan

File photo of Union Minister Dharmendra Pradhan.

File photo of Union Minister Dharmendra Pradhan.

Pradhan said at the CERAWeek conference by IHSMarkit that India wants reasonable and responsible oil prices.

India, the world’s third largest oil importer and consumer, wants major energy producers gathered at OPEC+ to fulfill their promise of stable crude markets, the nation’s oil minister Dharmendra Pradhan said on Wednesday.

Pradhan said at the CERAWeek conference by IHSMarkit that India, where fuel demand is recovering to pre-pandemic levels, wants reasonable and responsible oil prices.

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first published:March 04, 2021, 07:06 IST