Global Strategic Petroleum Reserves

Business, Legal & Accounting Glossary

Definition: Global Strategic Petroleum Reserves


Global Strategic Petroleum Reserves

Quick Summary of Global Strategic Petroleum Reserves


The collective crude oil reserves of private producers and countries that are reserved in the event of a worldwide energy crisis. The use of the reserves is intended to protect economic and national security during such an event.




Synonyms For Global Strategic Petroleum Reserves


GSPR


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Definition Sources


Definitions for Global Strategic Petroleum Reserves are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 21st November, 2021 | 0 Views.