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Oil prices stable as markets believe major stakeholders don't want hostilities to escalate: Hardeep Singh Puri

By Economic Times - 4 months ago
Global oil prices holding at $82/barrel despite OPEC supply cuts, wars, and uncertainties. Oil minister Hardeep Singh Puri believes major stakeholders don't want hostilities to escalate, maintaining supply-demand equilibrium. OPEC and allies control market by keeping 7 million barrels/day off the market.

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