Published 2 years ago

Indian oil minister says oil at $110 a barrel not sustainable

Summary by Ground News

India's Oil Minister Hardeep Singh Puri told the World Economic Forum in Davos that a crude oil price of $110 a barrel was not sustainable. Oil prices have surged this year, with Brent crude hitting $139 a barrel in March for its highest price since 2008. India's Commerce Minister Piyush Goyal said on the same WEF panel that food inflation in the South Asian country was at a managed level.

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The Hindu

Oil at $110 a barrel not sustainable: Puri

World facing energy price crisis, he says

2 years ago·India

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Reuters

Indian oil minister says oil at $110 a barrel not sustainable

DAVOS, Switzerland - India's Oil Minister Hardeep Singh Puri told the World Economic Forum in Davos on Tuesday that a crude oil price of $110 a barrel was not sustainable, as the world faces an energy price crisis which is contributing to rising global inflation. Oil prices have surged this year, with Brent crude hitting $139 a barrel in March for its highest price since 2008, after

2 years ago·United Kingdom

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Live Mint

Oil at $110 a barrel not sustainable, says Hardeep Puri at WEF Davos

India's crude oil production fell 1 per cent in April after lower output from fields operated by the private sector wiped away gains by state-owned firms such as ONGC

2 years ago·New Delhi, India

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Business Standard

WEF 2022: Oil at $110 a barrel not sustainable, says Hardeep Singh Puri

Oil prices have surged this year, with Brent crude hitting $139 a barrel in March for its highest price since 2008, after Russia's invasion of Ukraine exacerbated supply concerns

2 years ago·India

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Moneycontrol

Oil price at $110 per barrel not sustainable, says Minister Hardeep Puri in Davos

"The fact that it is not sustainable is seen in the countries around India. It is also being seen in Africa and Latin America," Puri said.

2 years ago·India

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Deccan Herald

Crude oil at $110 a barrel not sustainable, says Hardeep Singh Puri

Oil Minister Hardeep Singh Puri told the World Economic Forum in Davos on Tuesday that a crude oil price of $110 a barrel was not sustainable, as the world faces an energy price crisis which is contributing to rising global inflation.

2 years ago

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