India has 25 days of crude oil reserves and 25 days each of petrol, diesel stock: Government sources

Why in news

The Ministry of Petroleum and Natural Gas confirmed India holds 25 days of crude oil and 25 days of petrol/diesel reserves to mitigate potential fuel shortages.

Background

India currently possesses 25 days of crude oil reserves and 25 days of petrol and diesel stocks.

Facts for Prelims

• FactIndia holds 25 days of crude oil reserves as of March 2026
• FactIndia holds 25 days of petrol and diesel stocks as of March 2026
• FactIndia is reported to be 'comfortably placed' regarding LNG and LPG supplies

For Mains

Q. Analyze the strategic importance of maintaining buffer stocks of petroleum products for India's energy security and economic stability.

Dimensions to cover in your answer

• Supply chain resilience: Mitigating global price volatility through strategic inventory management
• Fiscal trade-offs: Balancing the cost of maintaining high buffer stocks against the risk of fuel shortages

Keywords: Energy Security · Buffer Stocks · Strategic Reserves · Supply Chain Management · Macroeconomic Stability

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