13.05.2016 - Iraq overtakes Saudi Arabia as biggest oil exporter to India in April
Iraq overtook Saudi Arabia as the top crude exporter to India in April for the first time since December, according to data compiled by Reuters, as the two biggest OPEC producers fight for market share in Asia's fastest growing oil market. Saudi Arabia also lost its top spot in China, Asia's biggest oil consumer, last month when Russia overtook the world's biggest crude exporter due to strong purchases by Chinese independent refineries. Overall, April oil imports by India rose 6 percent from March and are up 9.9 percent in the first four months from a year ago...............................................Full Article: Source
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