India is moving to store oil in the US, the first time world’s third-largest oil guzzler is creating an emergency reserve abroad to take advantage of low prices and guard against possible supply disruptions. “We have signed an MoU to begin co-operation on strategic petroleum reserves. We are also in an advanced stage of discussion for storing crude oil in US," said oil minister Dharmendra Pradhan.July 17, 2020 at 11:26PM
0 Comments