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Saudi Arabia gives assurances on supply as oil hits $80 per barrel

Reuters  |  NEW DELHI 

By Nidhi Verma and Rania El GamalNEW DELHI (Reuters) - Saudi Arabia said on Thursday it would make sure the world is adequately supplied with oil to support global economic growth just as top consumer India expressed frustration with oil prices hitting $80 per barrel for the first time since 2014.OPEC's most influential energy minister, Saudi Arabia's Khalid al Falih, called India's Petroleum Minister Dharmendra Pradhan to assure him that supporting global economic growth was "one of the kingdom's key goals", the Saudi ministry said in a statement."He (Falih) reiterated his commitment towards ...

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First Published: Fri, May 18 2018. 00:53 IST
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