Indian Oil seeks up to 24 million barrels of U.S. crude to diversify imports

Indian Oil seeks up to 24 million barrels of U.S. crude to diversify imports
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10.06.2020

MOSCOW (MRC) -- Indian Oil Corp, the country's top refiner, is seeking to buy up to 24 million barrels of U.S. oil for delivery between October 2020 and March 2021, tender documents showed, as part of its efforts to diversify supply, said Hydrocarbonprocessing.The move will help IOC to hedge against unpredictable pricing moves by Middle East producers, a source familiar with the matter sa

Full article at mrcplast.com

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