Further output cut by Opec+ may not affect India’s oil supply: Officials | News

Further output cut by Opec+ may not affect India’s oil supply: Officials | News
Further output cut by Opec+ may not affect India’s oil supply: Officials | News

Officials said that temporary fluctuations in oil price as a result of soaring logistics costs and piracy risks may affect Indian oil supplies morePremiumSubhayan Chakraborty New Delhi India’s oil supply is unlikely to be affected by the decision of Opec+ — comprising members of the Organization of the Petroleum Exporting Countries and other leading producers — to extend output cuts, according to officials at the Ministry of Petroleum and Natural Gas. This is due to the emerging lower…
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Source: https://www.business-standard.com/amp/industry/news/output-cut-by-opec-unlikely-to-hit-india-s-oil-supply-say-officials-124060301066_1.html