SPR

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Anupam Manur quoted in Hindustan Times on India’s SPR

Anupam Manur was quoted in an article by Rahul Jayaswal, Senior editor of Hindustan Times on India’s buildup of oil reserves. He said “Filling up the existing storage capacity in our refineries and underground caverns was a low-hanging fruit and...

Use the oil price crash to boost India’s strategic reserves [Hindustan Times]

One area in which India can definitely use the lower oil prices to its advantage is to stock up on the commodity for future use. Like many other countries, India maintains strategic petroleum reserves (SPR), which is an inventory of...

Let’s make the most of dirt cheap oil [Mint]

In a dramatic and unprecedented turn of events on Monday, crude oil began trading in negative territory for the first time since records began. The price on a futures contract for West Texas crude that was due to expire on 21...