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    HomeNewsBusinessIndian Oil Corp to receive first ever US crude import in October

    Indian Oil Corp to receive first ever US crude import in October

    IOC bought 1.6 million barrels of US 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.

    July 10, 2017 / 09:16 IST
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      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 US 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.

      first published: Jul 10, 2017 08:41 am

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