Economic TimesLean R·
EY flags India's rising petroleum vulnerability
New Delhi: India needs to "augment its strategic crude oil reserves to reduce its vulnerability to external shocks" and reverse the trend of growing dependence on imported crude, EY said in research report, warning that petroleum remains a key external risk for the domestic economy."Going forward, India may need to augment its strategic crude oil reserves... Further, India may develop a detailed strategy for maintaining crude oil reserves which spells out the volume of reserves, strategy of pur…
Read at Economic Times →
