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Indian Oil buys 3 million barrels Russian Urals crude via tender: Report

IOC said in late February it would buy Russian oil on delivered basis to avoid any complication relating to fixing vessels and insurance

Topics
India Russia | Russia Oil production | India crude oil

Reuters  |  New Delhi 



oil, crude

Indian Oil Corp, the country's top refiner, bought 3 million barrels of Russian Urals from trader Vitol for May delivery, trade sources said, its first purchase of the grade since Russia invaded Ukraine on Feb. 24.

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First Published: Tue, March 15 2022. 01:28 IST

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