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India may buy Middle Eastern oil for strategic reserves: Report
short by Kiran Khatri / on 08 Apr 2020,Wednesday
India is seeking to buy around 5.5 million barrels of UAE's crude for its strategic reserve in Mangalore and 9.2 million barrels of Saudi oil for Padur, a report said. It may also buy some of Iraq's crude for Visakhapatnam. This comes after International Energy Agency asked oil importers with available storage to take advantage of low prices amid coronavirus.
short by Kiran Khatri / 06:29 pm on 08 Apr
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