In case of an emergency, how long will India's oil reserve last?
- Currently, India has the capacity to meet about 12 days’ of the country’s crude oil requirement
- According to the oil ministry, share of crude oil imports from the OPEC fell to 78% of total imports during the first four months of FY20
Mumbai: Drones which targeted Saudi Aramco’s Abqaiq oil refinery and Khurais oil field, over the weekend, have hit 5% of global oil supply, pushing up global oil prices nearly 12% so far.
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