India raises concerns over rising crude prices with Saudi Arabia

23/06/2019 Argaam

 

India’s oil minister Dharmendra Pradhan raised concerns about rising crude oil prices with Saudi Energy Minister Khalid Al-Falih on Friday amid worsening US-Iran tensions.

 

Pradhan told Falih through a telephone call that he wanted Saudi Arabia to play an active role within OPEC and OPEC+ to keep oil prices at a reasonable level, according to an official government statement.

 

Both the ministers also discussed about Saudi interests in India’s energy sector to further bolster bilateral ties.

 

“They have agreed to expedite the implementation of various initiatives to transform the hydrocarbon engagement from a buyer-seller one into a comprehensive one,” the statement further added.

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