Large Indian state-owned refiners are looking to book additional term crude supplies from Saudi Arabia for February after the world’s top crude exporter slashed its official selling prices to Asia to the lowest to benchmarks in more than two years, sources at the Indian companies have told Reuters. India is also seeking additional term crude deliveries from West African producers Angola and Nigeria, as its imports of Russian crude oil fell in December to an 11-month low, according to Reuters’ sources.
State refiners…India Boosts Saudi Crude Oil Imports Following Price Cuts
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