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Global oil supply secure: Hardeep Puri
The Business Guardian
|November 15, 2024
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri emphasised that the global oil supply is secure, with countries like Brazil, the US and Canada boosting production.
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During an interaction with media in New Delhi on Thursday, he explained, "All concerned with is that the major consuming countries are not likely to face any shortfall of supplies on account of the fact, that more and more oil is coming onto the market. The Brazilians who have a production of about 3.3 million barrels a day, are bringing about 300,000, 400,000 more barrels per day on the market."
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