India's crude oil inventory nears one-year high
pre-market1 source ↓written by the desknot a recommendation
- at the end
- 104 million barrels
- in April
- 90.5 million barrels
India's crude oil inventory has surged to 104 million barrels at the end of June, recovering from a low of 90.5 million barrels in April. This rebound is attributed to increased oil imports following a significant depletion during the June quarter. The replenishment of stocks is crucial for maintaining refinery operations amid ongoing global supply challenges.
Not investment advice. For informational purposes only.