Business Today
Loading...

Dharmendra Pradhan raises concerns over rising oil prices with Saudi Arabia

Pradhan told Falih by telephone that he wanted Saudi Arabia to play an active role within OPEC and OPEC+ to keep oil prices at a reasonable level

twitter-logo Reuters        Last Updated: June 21, 2019  | 22:27 IST
Dharmendra Pradhan raises concerns over rising oil prices with Saudi Arabia
Representative Image

India's oil minister Dharmendra Pradhan expressed concerns about rising crude oil prices to his Saudi Arabian counterpart, Khalid al-Falih, on Friday amid worsening U.S.-Iranian tensions, a government statement said.

Global oil prices rose sharply on fears of a U.S. military attack on Iran that would disrupt flows from the Middle East, which provides more than a fifth of the world's oil output.

Pradhan told Falih by telephone that he wanted Saudi Arabia to play an active role within OPEC and OPEC+ to keep oil prices at a reasonable level.

Also Read: GST Council Meet Live Updates: NAA gets two-year extension, no tax cut for EVs

Also Read: 10.43 lakh jobs created in April, highest in 20 months: EPFO

Also Read: Make in India boost! Defence ministry invites private players to build 6 submarines worth Rs 45,000 crore

Youtube
  • Print

  • COMMENT
BT-Story-Page-B.gif
A    A   A
close