ISTANBUL: Low oil prices have triggered a record cut in exploration investment, which will put upwards pressure on global oil prices, the head of the International Energy Agency (IEA) said at the G-20 energy ministers meeting in Istanbul, raising concerns for energy importers like India.
For India, which imports three-quarters of the oil it consumes, this would be bad news as the country has gained phenomenally after oil prices tumbled after June 2015, reducing the country's import b ..
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