Which country is the largest exporter of crude oil to India?

India imported 8 million tonnes of crude oil from Mexico and one million tonnes from Canada. Kuwait supplied 9.9 million tonnes. Iraq has been India's biggest supplier for the past few years, ahead of Saudi Arabia, which has been producing less than its capacity to meet OPEC's commitments to curb supply.

Which countries supply oil to India?

Iraq remained India's largest oil supplier, followed by Saudi Arabia and the United Arab Emirates. Nigeria replaced Venezuela as the fourth largest supplier. In March, India imported 4.39 million bpd, 12% more than in February, as refiners increased production, the data showed.

Where does India import crude oil from?

Traditionally, Opec+ and Saudi Arabia have been India's main suppliers, accounting for 86% of India's oil imports.

Who is the largest exporter of crude oil?

Saudi Arabia
Saudi Arabia is the best country in the world in terms of exporting crude oil. In April 2021, crude oil exports in Saudi Arabia were 5,408 thousand barrels per day. Top 5 countries also include Iraq, Canada, USA and Kuwait.

Is India buying oil from Russia?

India signed the first time-limited contract for the purchase of crude oil from Russia in February last year, with state-run Indian Oil Corp. (IOC) and Rosneft signed the deal for 2 million tons (mmt) of Urals-grade crude oil. India is also looking to invest in Rosneft's Vostok project.

Which country has the most crude oil?

Venezuela
Oil reserves by country

Which country does India import crude oil from?

List of countries from which India imports crude oil Country Price of imports in billions of dollars Percent Saudi Arabia 22.4 17.4 Iraq 20.6 16.0 UAE 12.3 9.6 Iran 11.6 9.0

Who are the 5 largest exporters of crude oil?

In August 2019, the export of crude oil in Saudi Arabia was 6,880 thousand barrels per day. Top 5 countries also include Iraq, Canada, USA and Nigeria. The description is compiled by our digital data assistant.

Are there any countries that export more oil than they import?

This is a list of oil-producing countries by oil exports based on The World Factbook [1] and other sources. Many countries also import oil, and some import more oil than they export. Academic contributions have written about differences in the management of oil revenues in different countries.

Who are the top 5 oil producing countries?

Top 5 countries also include Iraq, USA, Canada and Nigeria. The description is compiled by our digital data assistant.