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Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautions
India faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augmenting strategic reserves, currently sufficient for only five days of consumption and developing a comprehensive purchase and release strategy.
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timesofoman.com
India's strong refining capacity reduced impact of energy shocks on India, helped save cost: EY
India's strong crude oil refining capacity helped reduce the impact of the recent West Asia-led energy crisis on the domestic economy by avoiding the need for large-scale imports…
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economictimes.indiatimes.com
Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautions
India faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augmenting strategic reserves, currently…
