Market move● Neutral for Indian Oil

No global oil shortage, supply route disruptions driving crude prices, oil minister says

1 source · first seen 14:15 1 Oct · updated 14:15 1 Oct

The brief

Written from 1 report · check the source before you trade

Hardeep Singh Puri said there is no global oil shortage; supply-route disruptions are driving crude prices
Crude-price moves affect Indian Oil, upstream producers and fuel-sensitive sectors

Tags on this story

Pick a tag to see all its stories

Hardeep Singh Puri2 today Crude oil76 today Oil and gas companies22 today Indian Oil₹134.93 · 10 today Oil India₹448.65 · 5 today

Linked by the tag Hardeep Singh Puri

5 stories this week

28 SeptGovernment will not let things go out of control, says Petroleum Minister Hardeep Singh PuriPolicy · 1 source

All Hardeep Singh Puri stories →

Part of a developing story5 updates over 4 days

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

14:15You are here
No global oil shortage, supply route disruptions driving crude prices, oil minister says
12:50
Energy-related anxiety is not over yet: Petroleum minister Hardeep Puri

Tuesday, 29 September

11:472 sources
India urged to strengthen domestic oil exploration for energy security

Monday, 28 September

21:242 sources
India has more than 80 days fuel reserves: Hardeep Singh Puri
20:263 sources
Puri says India has insulated consumers from global crude supply disruptions

Follow the full storyline →

Read the reports

1 report · earliest 14:15

Economic TimesNo global oil shortage, supply route disruptions driving crude prices, oil minister says14:15