India holds 5.33 million metric tonnes of strategic crude oil, stored in underground caverns, covering approximately 9.5 days of the nation's crude oil needs.

India holds 5.33 million metric tonnes of strategic crude oil, stored in underground caverns, covering approximately 9.5 days of the nation's crude oil needs.

India is finalizing feasibility studies for two new strategic oil reserve sites as it looks to boost storage beyond just eight days of demand.