Falih, center, addresses the media flanked by Pradhan and Saudi Aramco CEO Amin Nasser during International Energy Forum.
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Saudi Arabia, the world's biggest oil exporter, will be supplying Indian buyers with an additional 4 million barrels of crude oil in November, several sources familiar with the matter said Wednesday. The extra cargoes indicate a willingness by Saudi Arabia to increase crude supply to make up the shortfall once sanctions by the United States on oil exports from Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries, start up on Nov. 4 .Reliance Industries Ltd, Hindustan Petroleum Corp., Bharat Petroleum Corp. and Mangalore Refinery Petrochemicals Ltd are seeking an additional 1 million barrels each in November from Saudi Arabia, the sources said.
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