"(I) request you to advice major oil producing countries to raise their output to calm the market further and revitalise the global economic growth," he wrote.
India had earlier this month raised petrol price by Rs 5 a litre, diesel by Rs 3 and domestic LPG by Rs 50 per cylinder potentially fueling inflation rate.
"The world is in the midst of an unprecedented rise in oil prices which have risen from about 29 dollars per barrel in 2000 to touch $139 a barrel in June 2008," Deora said.
Though the letter was in response to al-Naimi's invitation for the June 22 meeting in Jeddah, Deora did not spell out if he would be attending the meeting.
"Marco economic conditions and volatile capital markets have simultaneously thrown financial markets into turmoil leading to significant cost pressures from an all round rise in prices of commodities.
"The current high oil prices coupled with the turmoil in the financial markets would seriously impact the economic growth of most countries and in the longer term affect both producers and consumers," Deora wrote.
