Economic Times | PM Narendra Modi asks oil producers to review terms of payment Economic Times “The oil market is producer driven; and both the quantity and prices are determined by the oil producing countries,” Modi told a meeting of top global oil industry leaders that included Saudi oil minister Khalid A Al-Falih and top executives of ADNOC ... PM Modi meets heads of oil and gas companies | Key highlights India pitches for review of oil payment terms to stem rupee fall High Oil Prices Hurting Global Economic Growth, Says PM Modi; Pitches for Easing Payment Terms |