For the best experience use inshorts app on your smartphone
Saudi to reclaim spot as India's top oil supplier after Reliance deal
short by Krishna Veera Vanamali / on 15 Aug 2019,Thursday
Reliance Industries' deal with Aramco to buy 500,000 barrels per day of crude oil on a long-term basis will allow Saudi Arabia to reclaim spot as India's top oil supplier. Saudi lost the spot to Iraq during the last two financial years. The deal is part of Aramco's plan to buy a 20% stake in Reliance's refining and petrochemical business.
short by Krishna Veera Vanamali / 07:10 pm on 15 Aug
For the best experience use inshorts app on your smartphone