Tuesday, June 17, 2008

Reliance Industries Ltd.

Reliance Industries Ltd., India’s biggest company, is increasing crude oil imports from Saudi Arabia as it seeks to secure supplies because of rising demand for fuels in India and the rest of Asia. Reliance, based in Mumbai, is boosting purchases by at least 90,000 barrels a day, accounting for 30 percent of Saudi Arabia’s output increase of 300,000 barrel

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