Saudi Arabia to sell more crude to India in July
Reuters reported that top oil exporter Saudi Arabia is selling more crude to India in July as two refiners have asked for additional cargoes, industry and company sources familiar with the plan said, in part to make up for a loss of supplies from Iran.
Saudi Arabia, the world's largest crude exporter, pumped 8.66 million barrels of oil a day in March, down 4 percent from its output of 9.02 million a day in the previous month, official data showed.