The implications of releasing strategic oil

India on Tuesday announced that it will release five million barrels of crude oil from its strategic petroleum reserves in consultation with other big global oil consumers such as the US, China, Japan, and the Republic of Korea. Mint takes a look at the implications:

The implications of releasing strategic oil
India on Tuesday announced that it will release five million barrels of crude oil from its strategic petroleum reserves in consultation with other big global oil consumers such as the US, China, Japan, and the Republic of Korea. Mint takes a look at the implications: