India wants OPEC to watch out for turbulence at Nov 30 meet

Oil minister warns OPEC+ of market turbulence and drop in demand due to high prices. Puri’s remarks serve as a warning on loss of market amid shifting energy flow after Russia’s invasion of Ukraine. He refrains from commenting on the group’s postponed meeting but asserts India’s preparedness. India’s position as the world’s third-largest oil consumer allows Puri to advocate for stable markets. Analysts expect OPEC+ to discuss further production cuts to support prices.

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