India Wants OPEC To Fix Asian Oil Pricing Anomaly

India wants OPEC to review its pricing policies for the Asian market and end the premium it puts on its crude for Asia, Indian Oil Minister Dharmendra Pradhan said at the virtual OPEC-India Dialogue meeting with OPEC Secretary General Mohammad Barkindo on Thursday. Pradhan urged the cartel, led and dominated by Middle Eastern oil producers, to address the ‘pricing anomaly’ for its oil. The minister urged OPEC “about the urgency and need to address the historical aberration in crude pricing for Asia by ending Asian Premium recognizing…