Indian Oil Corp to receive first ever U.S. crude import in October

Indian Oil Corp to receive first ever U.S. crude import in October
A woman walks past a logo of Indian Oil outside a fuel station in New Delhi
Written By: Reuters
Updated: Mon, Jul 10, 2017
08:46 am
Reuters
RELATED NEWS
IOCL Apprentice Recruitment 2021: 346 vacancies for various posts: Check last date of application, exam dates, age limit and other details here! IOCL Apprentice Recruitment 2021: 346 vacancies for various posts: Check last date of application, exam dates, age limit and other details here!
LPG gas cylinder address proof: Important announcement by Indian Oil for all users - you don't have to do this LPG gas cylinder address proof: Important announcement by Indian Oil for all users - you don't have to do this

Indian Oil Corp, the country`s largest refiner, has purchased its first ever crude oil from the United States to be delivered in early October, a senior company official said on Monday.

IOC bought 1.6 million barrels of U.S. Mars crude and 400,000 barrels of Western Canadian Select that will be delivered onboard a Very Large Crude Carrier (VLCC), IOC`s head of finance, A.K. Sharma, told Reuters.

PetroChina was awarded the tender to sell the cargoes, trade sources said.

Click HERE to see live market prices of Indian Oil Corp.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.