Saudi becomes India’s second-largest oil supplier in August 2022

Saudi becomes India’s second-largest oil supplier in August 2022: Saudi Arabia emerged as the second-biggest oil supplier to India after a three-month gap.

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Saudi Arabia has overtaken the Russia by a thin margin, while Iraq retained the top spot in August 2022. India is the world’s third biggest oil importer and consumer, shipped in 863,950 barrels per day (bpd) of crude from Saudi Arabia (up 4.8% from the previous month).

UAE has ranked four, while Kazakhstan replaced Kuwait to become fifth oil supplier to India, followed by US.

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