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Policy● Neutral for Indian equities
Energy-related anxiety is not over yet: Petroleum minister Hardeep Puri
The brief
- Hardeep Puri said consumers are insulated from global fuel price rises despite Brent crude above $100
- The minister said energy-related anxiety is not over amid the West Asia crisis
- Fuel-price pressure matters for Indian oil marketing companies, refiners and transport-intensive sectors
India's energy security and fuel reserves
Petroleum Minister Hardeep Puri said India had more than 80 days of fuel reserves and had insulated consumers from global supply disruptions. Oil India Limited called for stronger domestic oil exploration amid rising global tensions.
Thursday, 1 October
- Energy-related anxiety is not over yet: Petroleum minister Hardeep Puri