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India shelves $600 million oil reserve top-up plan – Indian Defence Research Wing

India shelves $600 million oil reserve top-up plan – Indian Defence Research Wing
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India holds back $600 million strategic oil reserve top-up

India has limited oil storage capacity, with space for only 39 million barrels of crude — barely enough for eight days of the countrys consumption — to use in the event of an emergency. It filled the storage in 2020, when Brent crude prices crashed, but has since released about a third of that oil to local refiners.

India Holds Back $600 Million Strategic Oil Reserve Top-Up

India Holds Back $600 Million Strategic Oil Reserve Top-Up
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Govt holds back $600 million strategic oil reserve top-up

India Business News: India's finance ministry cancels plan to top up strategic crude oil reserves due to market volatility and potential further decline in prices. Instead

India holds back $600 million strategic oil reserve top-up - The Hindu BusinessLine

India holds back $600 million strategic oil reserve top-up - The Hindu BusinessLine
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