Last Updated : Oct 10, 2018 01:40 PM IST | Source: Reuters

Saudi Arabia to supply about 4 billion barrels of extra oil to India in November: Sources

Reliance Industries Ltd, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemicals Ltd, sought an additional 1 million barrels each in November, one of the sources said.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Saudi Arabia, the world's biggest oil exporter, will supply Indian oil buyers with an additional 4 million barrels of crude oil in November, several sources familiar with the matter said on Wednesday.

Reliance Industries Ltd, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemicals Ltd, sought an additional 1 million barrels each in November, one of the sources said.

Reuters last week reported that Russia and Saudi Arabia struck a private deal in September to raise output to cool rising prices and had informed the United States about the decision.

“Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.”
First Published on Oct 10, 2018 01:32 pm
Loading...