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,...

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...

Trump blasts Biden's decision to release oil from US strategic reserves

Nov 23, 2021

Washington [US], November 23 (ANI/Sputnik): Former US President Donald Trump on Tuesday slammed President Joe Biden's decision to release barrels of oil from the...

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