Strategic petroleum reserves (SPR) programme:
GS Paper 2: Topics Covered: Infrastructure- energy. Context: India will release 5 million barrels of crude oil from its emergency stockpile in tandem with the U.S., China, Japan, and other major economies to cool oil prices. This is the first time ever that India, which stores 5.33 million tonne or about 38 million barrels of …
Continue reading “Strategic petroleum reserves (SPR) programme:”
