 "Dharmendra Pradhan")
Petroleum Minister Dharmendra Pradhan urged the Organization of the Petroleum Exporting Countries (OPEC) members to stop regulating crude oil production and ease prices. Pradhan made these comments at the IEA-IEF-OPEC Symposium on Energy Outlooks.
Speaking at the symposium, Pradhan reiterated his stand that a spurt in crude oil prices is going to adversely impact consuming nations and a global economic recovery.
“There is an urgent need to allow consumption-led recovery that has just taken roots in several emerging economies, including India. The rising oil prices during the last few weeks are hurting the fragile global economic recovery leading to significant
