U.S. becomes India's second biggest oil supplier.

The United States overtook Saudi Arabia as India’s second biggest oil supplier after Iraq in Feb 2021.

India’s imports from the United States, the world’s top producer, rose 48% to a record 545,300 bpd in February 2021 from the prior month, accounting for 14% of India’s overall imports in last month Feb 2021.

Iraq continued to be the top oil seller to India despite a 23% drop in purchases to a five-month low of 867,500 bpd, the data showed.

The UAE slipped to fifth position from third in January 2021, while Nigeria rose to third from fifth, exporting 472,300 bpd, the most since Oct 2019.

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