Crude Oil Price Update: The price of Crude Oil has fallen below $100 per barrel. Brent crude oil is trading near $98 a barrel on Tuesday. Of course, this is relief news for India, which depends on imports for 85% of its fuel consumption. Crude oil prices continued to decline, due to the rising price …
New Delhi: India plans to release around 5 million barrels of crude oil from its emergency stockpile in tandem with the United States, Japan, and other major economies to cool prices, a senior official said on Tuesday government, PTI reported. The country stores around 38 million barrels of crude oil in underground caverns at three …
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