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. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.