Bank Al-Maghrib invests in World Bank sustainable development bonds for reserves management

Oct 10, 2023

According to a press release by The World Bank, this strategic move aligns with Bank Al-Maghrib's reserves management objectives and underscores Morocco's commitment to...

India plans to release about 5 million barrels of crude oil from strategic reserves

Nov 23, 2021

New Delhi [India], November 23 : India plans to release about five million barrels of crude oil from strategic reserves within seven days, said...

Egypt's strategic reserves of wheat sufficient for 4.2 months: Minister

Jan 28, 2024

Egypt's strategic reserves of wheat are sufficient for 4.2 months, oil for 5.3 months, and sugar for 5.4 months, according to Dr. Ali Al-Moselhi,...

Rising Israel-Iran conflict, India faces growing threats to its energy security, trade routes, and commercial ties: GTRI

Jun 16, 2025

Indian Government should review energy risk scenarios, diversify crude sourcing and ensure strategic reserves of oil amid the ongoing conflict between Israel and Iran,...

Government taking steps to strengthen strategic petroleum reserves: MoS Suresh Gopi

Mar 20, 2025

Government and OMCs evaluate, from time to time, the possibility of augmentation of storage capacities based on technical and commercial feasibility

Centre to release 5 million barrels crude oil from strategic reserves

Dec 13, 2021

New Delhi [India], December 13 : The government has agreed to release 5 million barrels of crude oil from its strategic petroleum reserves in...