INSUBCONTINENT EXCLUSIVE:
ANI |
Updated: Jan 12, 2020 04:16 IST
Kolkata (West Bengal) [India], Jan 12 (ANI): Minister of Petroleum and Natural Gas Dharmendra Pradhan on Saturday said that
there was no dearth of crude oil in global market and government was keeping a sharp eye on the global developments.Speaking to reporters on
the sidelines of an event, Pradhan said, "Due to geopolitical situation, conflict in the Middle East there was a spike in the price of crude
It is subdued in the last two weeks
Let us wait and watch, let's not create panic
Government of India (GoI) has kept a sharp eye on global development."He also appealed to oil-producing countries and their leadership for
peace and stability in the global economy."There is no dearth of crude oil in the global market
We are taking it from OPEC, OPEC+, non-OPEC countries
We are appealing to oil-producing countries and responsible leaderships that there should be peace and stability in the global economy", he
added.Earlier in the day, Pradhan had launched PURVODAYA: Accelerated development of eastern India through integrated steel hub in Kolkata