As Saudi oil supplies recover, India gains bargaining power on imports

A revival of Saudi Arabian crude oil supplies to India, coupled with an attack on an Iraqi tanker in August carrying crude to Europe, could result in better bargaining power for India with suppliers from the Middle East and Russia for winter supplies . Saudi oil deliveries recovered in September from August to reach their highest level since March, while Russian oil deliveries rose marginally as Saudi Arabia sought to regain market share in Asia, industry sources and data showed. ship tracking.

Saudi supply to India rose 40 percent to 727,000 barrels per day (bpd)

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