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India to cut Saudi Arabian oil imports after OPEC ignores India demand

March 18, 2021

Source: Energyworld

India to cut Saudi Arabian oil imports after OPEC ignores India demand

New Delhi: India’s state refiners are considering purchasing fewer barrels from Saudi Arabia in May after the OPEC ignored New Delhi’s call for higher supplies to calm international crude oil prices.Weaker demand due to increasing Covid-19 cases or regular maintenance shutdowns may also contribute to lower purchase from Saudi Arabia in May, they said.

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