Tuesday, October 4, 2022

Indian refiners scout for oil deals ahead of EU ban on Russian crude

Indian Oil Corp, the country's top refiner, and Bharat Petroleum Corp are seeking term deals with countries, including the United States, industry sources said. The move towards term deals marks a shift in refiners' purchasing strategy, which had been geared towards maximising spot purchases in past years when supplies were abundant.

from Energy-Industry-Economic Times https://ift.tt/ExKiOc2

No comments:

Post a Comment