Analysis: India bonds with Iraqi crude amid Venezuelan, Saudi supply squeeze
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Article by:
Sambit Mohanty, Gawoon Philip Vahn - S&P Platts
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Date Published:
July 29, 2020
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Who was cited:
Senthil Kumaran, Consultant & Head of South Asia Oil FGE
India is increasingly turning to Iraq to feed its insatiable appetite for heavy sour crude following a squeeze in supplies from Venezuela and Saudi Arabia, helping the second-largest OPEC producer to emerge as the biggest supplier to the South Asian buyer in the first half of 2020.
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