After the U.S., India also begins to use its oil reserves

23.11.2021,15:13


November 23, Fineko/abc.az. India plans to sell 5 million barrels of oil in coordination with the U.S.

ABC.AZ reports that India can also increase sales in addition to this. The sales to be made from strategic stocks account for almost half of India's one-day consumption. Experts regard this as a step towards lowering oil prices. So, they believe that in this way the U.S. and India expect to influence oil prices on the world market.