Monday, May 20, 2024

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Crude Oil Reserves

WTI Crude Oil decline & impact on India

Those rejoicing the drop in Crude oil prices and mocking Indian government for not lowering despite the drop, it's time to educate ourselves on the methodologies followed.

The Saga of increase in petrol prices and lollipop of subisdies given by congress

Analyzing three main factors- Global crude oil prices, percentage increase in Indian prices and subsidy given on the fuel, impacting fuel prices.

Why scaling up of Strategic Petroleum Reserves (SPR) is a good strategy for India

India's SPR can also offer an opportunity to oil producing countries to leverage her geo-political location for improving their footprints in Southeast and East Asian countries in a much more economical way.

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