Vijayawada, Feb. 23 -- Union Petroleum and Natural Gas Minister Hardeep S Puri has said with more oil coming up in the global market including from the USA, energy prices are likely to come down which would help tame inflation.
Addressing a Press conference, exuding confidence that India has established contacts with the new US administration led by President Donald Trump, Puri said the Indo-American relationship on the energy front will deepen.
According to him India imports oil from as many as 40 countries, including Argentina and since there is enough oil in the world, even oil producing nations which are implementing cutbacks will be compelled to reconsider their decisions.
He also said de-dollarisation of oil purchases was never the...