Indian Oil Corp IOC, the country’s top refiner, has bought 4 million barrels of Western African crude for January to early February delivery via a tender, sources said on Friday.
The company bought Nigeria’s Akko and Usan crude, as well as Angola’s Nemba and Hungo crude. The purchase volume for each grade was 1 million barrels, they said.
The tenders were awarded to Totsa, the trading arm of TotalEnergies TTE and Exxon Mobil XOM.
Source: Reuters
