Exploring the financial implications and efficacy of Strategic Petroleum Reserves (SPRs) in mitigating oil price instability, considering the costs of maintenance and historical releases' impact. The conversation reflects on diminishing oil supply shocks and the transition towards renewable energy worldwide.
In today’s episode for 10th April 2024, we tell you why strategic petroleum reserves may not be economically viable for countries like India and how we plan to tackle this problem.
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