Union Minister Hardeep Puri Assures Steady Global Oil Supply, Calls For Stability

Union Minister Hardeep Singh Puri assured that global oil supply remains stable, citing increased production from major oil producers like Brazil and the US. In his statement on November 14, Puri emphasized the importance of stability and predictability in oil prices, as geopolitical uncertainties continue to influence the market. He noted that with Brazil contributing 300-400 thousand barrels per day and the US expected to add another million barrels, there will be no shortage of supply for major consuming nations.\