Saudi Arabia May Tap Rising Demand for Oil in China, India

Saudi Arabia, the world’s biggest oil exporter, may direct increased output toward China and India as the world’s fastest-growing markets compete for supplies.

Saudi Arabia’s King Abdullah visits the two most populous nations this week as the global oil rally enters a fifth year. Prices have quadrupled since 2001, partly because of soaring demand from developing economies, prompting OPEC’s biggest supplier to pledge higher output.