India Targets Oil Traders for $1.5 Billion Emergency Oil Reserve
Storage tanks stand at the Vadinar Refinery complex operated by Nayare Energy Ltd. (Photographer: Dhiraj Singh/Bloomberg)

India Targets Oil Traders for $1.5 Billion Emergency Oil Reserve

(Bloomberg) -- India is seeking $1.5 billion of investments from global oil producers and traders to build additional emergency crude reserves that will act as a buffer against volatility in oil pr...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.