Saudi Arabia to supply about 4 billion barrels of extra oil to India in November: Sources

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Reliance Is The World’s Costliest Energy Stock To Own

Saudi Arabia, the world’s greatest oil exporter, will supply Indian oil patrons with an extra 4 million barrels of crude oil in November, a number of sources conversant in the matter stated on Wednesday.

Reliance Industries Ltd, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemicals Ltd, sought an extra 1 million barrels every in November, one of the sources stated.

Reuters final week reported that Russia and Saudi Arabia struck a non-public deal in September to elevate output to cool rising costs and had knowledgeable the United States about the choice.

Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.”

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