hardeep singh puri – The News Desk

VARANASI: Oil minister Hardeep Singh Puri on Sunday cautioned the OPEC+ grouping of oil exporting countries to watch out for market turbulence at their forthcoming meeting to discuss production plan, saying high prices due to the uncertainties will lead to a drop in demand.“It is their legitimate right… whatever they want to produce, not produce, or sell.But be very careful. If we reach a situation where turbulence leads to very high prices, then demand will fall,” Puri told TOI after launchingGAIL’s second floating CNG refuelling facility for boats in Varanasi.In the context of extended production cuts by OPEC+ grouping being held responsible for oil market volatility, Puri’s remarks can be interpreted as a warning bell on loss of market — especially amid shifting direction of energy flo...

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri at CNN-News18’s Delhi Town Hall on July 17, 2023.Speaking at CNN-News18’s Delhi Town Hall, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri took a veiled dig at the opposition parties for spreading “false narrative” on inflationUnion Minister for Petroleum and Natural Gas Hardeep Singh Puri on Monday denied that the government is facing criticism over rising fuel prices and took a veiled dig at the opposition parties for spreading “false narrative” on inflation. Speaking at CNN-News18’s Delhi Town Hall, Puri added that India was “faring better” than the Western world and immediate neighbours on fuel prices.“There is a false narrative being propagated on inflation. We have to see what is happening globally. Indi...

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India wants OPEC to watch out for turbulence at Nov 30 meet

India Faring Better Than the West on Fuel Prices, Says Hardeep Puri at News18 Delhi Town Hall