India tops up strategic reserves with cheaper crude, saves over $685 million
Manufacturing Today|October 2020
India tops up strategic reserves with cheaper crude, saves over $685 million
The reserves are meant to tide over short-term supply disruptions

Taking advantage of low prices in major oil-producing centres in Saudi Arabia and UAE, India has filled up its strategic crude oil reserves to meet its energy needs in times of emergency and saved a neat $685.11 million in the process.

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October 2020