ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • India
    • Economy
    • Politics
    • Markets
  • World
    • Economy
    • Politics
    • Markets
  • Companies
    • Auto
    • Banking & Financial Services
    • Pharma
    • Energy
    • Infrastructure
    • Media
    • IT
    • Telecom
    • Consumer Products
    • Aviation
    • FMCG
  • Personal Finance
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
  • Mutual Funds
  • Technology
  • Automobile
    • Cars
    • Bikes
  • Small Business
    • SME
    • Startups
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
    • AUTHORS
Home » World News

Indian Oil Corp starts crude oil trading through Singapore subsidiary

  • Twitter
  • Facebook
  • GPlus
Updated: Wed, Nov 08, 2017
06:36 pm
Reuters
RELATED NEWS
Gold hovers near 10-month peak amid steady dollar after Fed minutes Gold hovers near 10-month peak amid steady dollar after Fed minutes
GLobal Markets: Asia shares steady after Fed minutes, Aussie rallies GLobal Markets: Asia shares steady after Fed minutes, Aussie rallies
Global Markets: Asia shares steady after Fed minutes, Aussie rallies Global Markets: Asia shares steady after Fed minutes, Aussie rallies

India`s top refiner Indian Oil Corp on Wednesday began trading crude oil through its Singapore unit, buying a million barrels of Nigerian oil Akpo, the state-run company`s head of finance AK Sharma said.

IOCL Singapore Pvt Ltd has bought the parcel from Total for Dec. 8-17 loading, he said.

"We have got a very good deal," Sharma told Reuters, adding the cargo will be co-loaded with a million barrels of Angola`s Girassol oil, which the refiner has procured under a term deal.

Sharma declined to give any details on price.

IOCL Singapore currently has two officers and, Sharma said, the company will gradually increase its workforce in line with transactions from the city state.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

TAGS:
Economy
RELATED NEWS
Gold hovers near 10-month peak amid steady dollar after Fed minutes Gold hovers near 10-month peak amid steady dollar after Fed minutes
GLobal Markets: Asia shares steady after Fed minutes, Aussie rallies GLobal Markets: Asia shares steady after Fed minutes, Aussie rallies
Global Markets: Asia shares steady after Fed minutes, Aussie rallies Global Markets: Asia shares steady after Fed minutes, Aussie rallies
Brazil president seeks $270 billion pension savings; Congress has doubts Brazil president seeks $270 billion pension savings; Congress has doubts
Oil near 2019 highs amid OPEC cuts, sanctions on Iran and Venezuela Oil near 2019 highs amid OPEC cuts, sanctions on Iran and Venezuela

LATEST NEWS

India, Saudi need to explore opportunities in new products, biz: Prabhu

DoT panel may decide on penalty on 3 telcos, MTNL's VRS today

Guess who adds most subscribers after Reliance Jio? It’s not Bharti Airtel or Vodafone Idea

EPFO likely to announce 8.55% interest on EPF for FY19

Rupee rises 9 paise to 71.02 vs US dollar

BSNL nationwide strike: Services unaffected

Gully Boy Box Office Collection Day 7: Ranveer Singh starrer inching towards Rs 100 cr club; will Total Dhamaal play spoilsport?

How to stop Facebook from tracking your location

Life Insurance for less than Re 1 per day! Would you believe it? Check this out

Anil Singhvi’s Strategy February 21: Bharti Airtel is Stock of the Day; Sell Indigo Futures with Stop loss 1155

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • Amazon Prime Day
  • Income Tax
  • Bharti Airtel
  • NPA
  • Home Loan

Trending Topics

  • Farm Loans
  • 7th Pay Commission
  • Sanitary Pads
  • National Stock Exchange
  • GST

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved