Rediffmail Money rediffGURUS BusinessEmail

Oil firms stockpile over 40 days' petro products

January 08, 2003 17:04 IST
Source:PTI

Oil companies have stockpiled over 40 days of petroleum products and 15 days of crude oil supplies to meet eventualities of supplies being disrupted in case of war in Iraq, petroleum secretary B K Chaturvedi said on Wednesday.

"Oil companies have topped their tanks. The stockpile of crude and product is sufficient to meet country's demand for two months," he told reporters in New Delhi.

Chaturvedi said current crude oil prices were too high and the country would want the prices to come down to the levels of $20 a barrel.

Source: PTI
© Copyright 2026 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

WEB STORIES

The 9 Prettiest Railways Stations of India

Vaala Che Birdhe: 30-Min Recipe

7 Of The Most Expensive Perfumes In The World

VIDEOS

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email