Crude oil at $100 per barrel, Govt may release Strategic Petroleum Reserves
India is the world's third-biggest oil importer of crude oil and imports over 80% of its oil needs.
Feb 26, 2022, 18:40 PM ISTGovt seeks $2.2 billion to build second phase of strategic oil reserves
Strategic storage reserves are underground rock caverns used to store crude oil that can be used in case of a supply cut-off to a country.
Feb 04, 2016, 14:45 PM IST