NEW DELHI: India, the world’s third-largest oil consumer, will not be hit by a reduction in production at its No.2 supplier Saudi Arabia, the Oil Ministry said on Monday.
“Yesterday (September 15), Saudi Aramco officials informed the Indian refiners that there would be no shortage of supplies to them. Ministry of Petroleum and Natural Gas is closely monitoring the situation in consultation with Indian refiners and Saudi Aramco,” it said in a statement.
