Iran's absence from the global oil market is likely to be offset by an existing oversupply in global oil inventories, providing a buffer against potential supply disruptions, according to a report by CareEdge.
New Delhi [India], June 10 (ANI): Union Minister of Petroleum and Natural Gas Dharmendra Pradhan on Monday said that he discussed with the United States Secretary of Energy, Rick Perry, crude oil price volatility and its impact on the Indian consumer.