INDIAN OIL PRICES
FT - India said output cuts by Opec producers could prove a threat to its energy security, which together with higher prices, is pushing the world's third-largest crude consumer towards alternative suppliers.
Dharmendra Pradhan, India's minister of petroleum and natural gas, said the south Asian country is evaluating how to buy cargoes from several non-traditional suppliers such as the US and Canada which are "becoming very competitive".
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