13 August 2025: 09:30 BST
Saudi allocations to India are on the up! Sources suggested Saudi allocations to India will be around 4 mil bbl higher than last month, coming to approximately 22 mil bbl for September. Some state refiners will likely receive a bit more than usual. 22 mil bbl of Saudi allocations to India would equate to 733 kb/d, higher than the recent 700 kb/d of imports from Saudi Arabia in July, closer to the levels seen in January and February, according to Kpler. Peak product demand season for Diwali is rapidly approaching. Allocations to China may be down from August, but they’ve picked up some slack elsewhere!
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