News:Ministry for Petroleum & Natural Gas has allowed the public sector refiners to use the strategic Petroleum reserves(SPR) for storing their oil purchases. Facts: Strategic Petroleum Reserves(SPR): These are stockpiles …
Read MoreNews:India may look into its strategic oil reserves after the drone strikes on Saudi Arabian Oil facility has affected the global oil markets. Facts: What are Strategic oil reserves? Strategic …
Read MoreIndia has been seeking investment from Saudi Arabia to build strategic crude oil reserves.It will act as a buffer against volatility in oil prices and supply disruptions. Strategic crude oil …
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