India's IOC buys Middle East, African oil to replace Russian supply
SINGAPORE/NEW DELHI (Reuters) -Indian Oil Corp (IOC), the country's top refiner, has bought 7 million barrels of spot Middle Eastern and African crude oil via tenders, including a rare purchase of Abu Dhabi's Murban, as U.S. sanctions are expected to hit ...
Indian Oil Corporation buys 7mn barrels of Middle Eastern and African crude amid sanction fears
Indian Oil Corporation (IOC), the country’s top refiner, reportedly bought 7 million barrels of spot Middle Eastern and African crude oil via tenders, including a rare purchase of Abu Dhabi’s Murban, amidst fears of fresh US sanctions hitting supplies from Russia.
India Replaces Russian Oil With Mideast and African Barrels
Indian Oil Corp is buying Middle Eastern and African crude to replace Russian volumes affected by U.S. sanctions.
Indian Oil Corp issues sour crude tender after latest Russia sanctions, sources say
Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022, expecting the latest U.S. sanctions to hit supplies from Moscow, trade sources said on Thursday.
Indian Oil Corp buys 7 million barrels of Middle East, African oil
IOC earlier this week floated tenders seeking sour and sweet crude for loading between the second half of February and the first half of March.
Indian oil refiners in a tizzy as US slaps fresh sanctions against Russian producers
Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL), are now exploring alternative sources in the Middle East, Africa, and Latin America to mitigate potential shortfalls in
India’s oil giants turn away from Russian crude
It is India's first tender for sour crude imports since March 2022. IOC and other Indian refiners have significantly increased purchases of Russian oil over the past two years, taking advantage of discounted prices after the West imposed sanctions on Moscow over its full-scale invasion of Ukraine in 2022.
Oil sensitive stocks slump as Brent crude prices surge past $81
Brent crude prices hit a three-month high, trading at $81.24 per barrel by 0113 GMT, following new US sanctions on Russian ...
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Indian Oil Corporation Ltd (IOC) Share Price
Involves transaction of at least 0.5% of the listed shares of a company. What was Indian Oil Corporation Ltd share price previously? Indian Oil Corporation Ltd share price was up by 3.80% from the ...
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Crude Oil on the Boil: HPCL shares fall 7%; here's how others are impacted
Brent rose above $81 a barrel to its highest in more than four months, as wider US sanctions are expected to affect Russian ...
Land on rent, high walls & tunnels – how a Rajasthan gang ‘stole’ crude oil from Indian Oil Corporation
Leased land, high-security walls and 100-metre-long tunnels. That’s how a gang had allegedly been stealing crude oil from an ...
Mideast oil prices jump on robust China, India demand post-sanctions
By Siyi Liu, Florence Tan and Nidhi Verma SINGAPORE (Reuters) -Spot premiums for Middle East crude rose to their highest in ...
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Indian Oil Corporation Share Price Highlights : Indian Oil Corporation closed today at ₹122, down -6.41% from yesterday's ₹130.35
Indian Oil Corporation Share Price Live Updates: Indian Oil Corporation has a 2.98% MF holding & 7.90% FII holding as per filings in the quarter. The MF holding has increased from 2.38% in to 2.98 ...
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NOC increases petroleum prices, effective tonight
The Nepal Oil Corporation (NOC) has announced an increase in the prices of petrol, diesel, and kerosene. As per the ...
BPCL, HPCL, IOC, ONGC, Oil India: How oil prices above $80 may impact PSU earnings, stocks
IOCL shares have relatively underperformed HPCL and BPCL recently, but the OMC entails a higher inventory risk. BPCL is ...