US becomes India’s second biggest oil supplier, Saudi plunges to fourth spotThe switch in supplies, triggered by lower US crude demand, coincided with Saudi Arabias voluntary extra 1 million bpd output cut on top of an agreement by the Organization of the Petroleum Exporting Countries and its allies (Opec+) to maintain lower production.
India Business News: Indian state refiners are planning to cut oil imports from Saudi Arabia by about a quarter in May, in an escalating stand-off with Riyadh following de
