'Saudi to supply about 4m bbls of extra oil to India in Nov' - English Newshunt

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Thursday, October 11, 2018

'Saudi to supply about 4m bbls of extra oil to India in Nov'

In the backdrop of US sanctions on Iran, Reliance Industries Ltd, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemicals Ltd are seeking additional one-million barrels each in November from Saudi Arabia. The Indian refiners are concerned about the loss of Iranian crude. Delivery of 9 million barrels of Iranian crude is due in Nov.

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