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India is meeting the West’s goals of crimping Moscow’s energy revenue while preventing an oil supply shock. Read more at straitstimes.com.
During April-October, India's total exports went up 12.5% to over $263 billion, while oil product exports soared nearly 70%. In the case of the Netherlands, Brazil, Tanzania, Togo, Israel and Oman ...
India plans to build its first privately managed strategic petroleum reserve (SPR) by 2029-30, granting the operator the freedom to trade all of the stored oil, the chief executive of Indian ...
Earlier this year, India used the ultra-low crude oil prices to top its strategic petroleum reserves with oil at $19 a barrel, saving nearly US$700 million in the process, India’s Ministry of ...
India is making strategic petroleum reserves to store crude oil under the ground. ... All About New Jersey: Flag, Map, Geography, History, Facts, and Education. 29 mins ago.
The Gulf of Kutch in India is home to the world’s largest oil refinery. But until recently Russia, one of the largest producers, rarely shipped crude petroleum here. After Russia invaded Ukraine ...
That will make cheap Russian oil even more attractive to India, which relies on imports to m eet around 85% of its crude needs. Under EU guidelines, India is likely operating within the rules.
India is playing an increasingly important role in global oil markets, buying more cheap Russian oil and refining it into fuel for Europe and the US. Yet New Delhi has faced little public blowback ...
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