Tag Archives: crude oil

Saudi Aramco defends hold on coveted Indian oil market with Reliance tie-up

Saudi Aramco’s proposed purchase of part of Reliance Industries Ltd will allow it to secure back its hold on the fastest-growing oil market in the world where suppliers including Russia and US are making inroads. Aramco is planning to buy 20% of the oil-to-chemicals business of Reliance which includes the world’s biggest refining complex at Jamnagar on the western coast… Read More »