This was in news. And I like this trade.
Although the size is rather small compared to China, both in absolute and relative terms. 13 days of consumption (vs. estimated 90 days for China). India's daily consumption is around 3.3 million bbl/day. The world productions is around 85 million.
Although the size is rather small compared to China, both in absolute and relative terms. 13 days of consumption (vs. estimated 90 days for China). India's daily consumption is around 3.3 million bbl/day. The world productions is around 85 million.
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