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Economy

India to fill strategic reserves with low-priced oil from Saudi Arabia, UAE

Updated : April 21, 2020 02:39 PM IST

India has built 5.33 million tonnes of emergency storage -- enough to meet its oil needs for 9.5 days.
India built the underground storages as insurance against supply and price disruptions.
India to fill strategic reserves with low-priced oil from Saudi Arabia, UAE

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