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53d agoIndia Assures Fuel Supply Amid Global Volatility
Primary Doc Confirmed
Government assures sufficient crude oil supplies for two months and stable fuel prices amid global volatility.
Verified Facts
- India has secured crude oil supplies for the next 60 days.
- India maintains adequate crude oil inventory levels.
- Domestic fuel prices in India will not increase.
- Crude availability remains stable in India.
- Sulphur supplies are sufficient in India.
Why This Matters Now
Ongoing West Asia crisis and global price fluctuations.
What They Said
"I would like to assure that we have sufficient quantities of petrol and diesel available, and I request all citizens to kindly avoid panic buying."
— Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas (inter-ministerial briefing)
"Around two months ago, Brent crude was trading in the range of $70 per barrel, and today it has crossed $100 per barrel."
— Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas (inter-ministerial briefing)
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