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Indian Oil Seeks Up To 24 Million Barrels Of U.S. Crude For Oct 2020-March 2021 Delivery: Report

Indian Oil Corp, the country's top refiner, is seeking up to 24 million barrels of U.S. crude for delivery over the fourth quarter this year and the first quarter of 2021, two tender documents seen by Reuters showed on Monday.
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By car&bike Team

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1 mins read

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Published on June 8, 2020

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    Indian Oil Corp, the country's top refiner, is seeking up to 24 million barrels of U.S. crude for delivery over the fourth quarter this year and the first quarter of 2021, two tender documents seen by Reuters showed on Monday.

    Also Read: Petrol, Diesel Prices Hiked By 60 Paisa Per Litre After 83-Days

    IOC is seeking 2 million barrels of U.S. crude per month with an optional volume of extra 2 million barrels per month for delivery to the Paradip terminal at the eastern cost of India, the document showed.

    Also Read: BPCL Sees Petrol, Diesel Demand Returning To Pre-Covid Levels In July

    The tender will close on June 12 with validity on the same date.

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    Last Updated on June 8, 2020

    # IOC# diesel# Indian Oil# petrol# Crude Oil Demand# Coronavirus Lockdown# Auto Industry
    Stay updated with automotive news and reviews right at your fingertips through carandbike.com's Google News

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