01-July-2026
Economy News
 
India locks in crude, LPG supplies through August
01-Jul-2026

India has secured adequate crude oil and liquefied petroleum gas supplies through at least August, easing concerns over domestic availability as the rapid return of Gulf barrels shifts the global oil market increasingly in favour of buyers. “We have secured adequate LPG supplies through at least August, while crude availability remains comfortable. With more barrels returning to the market, procurement conditions have shifted in favour of buyers,” a senior oil marketing company official said.

News Source:- https://www.financialexpress.com/business/news/india-locks-in-crude-lpg-supplies-through-august/4280217/