Indian Oil Corp. Buys Another U.S. Crude Cargo – Oil & Gas 360

Indian Oil Corp. buys another U.S. crude cargo – Oil & Gas 360

(Oil Price)– Indian Oil Corp has bought another cargo of U.S. West Texas Intermediate for delivery in October, Reuters reported today, citing unnamed industry sources. The deal is part of a recent streak of U.S. oil purchases following President Trump’s threat to impose additional tariffs on Indian exporters to the United States if the country continues buying Russian crude. The October deal was priced at a premium of between $2.80 and $2.90 to d

Indian Oil Corporation steps up purchases of US oil

New Delhi, Aug 15 (SocialNews.XYZ) India has increased purchases of oil from the US, with Indian Oil Corporation, the country’s largest oil company, placing orders of around 2 million barrels of oil in August for October delivery. Indian Oil Corporation has bought another cargo of U.S. crude in August for delivery in October. The deal is part of a string of purchases of U.S. oil of around 2 million barrels for October delivery, following Preside…

Trump's trade tariffs on Indian over Russia oil could be opportunity for UK

… consider America’s alliance with India, alongside Australia and Japan in … the conflict between Russia and Ukraine will continue and … other markets, like Russia and Brazil and possibly even … its own industrial ambitions. Britain’s modern industrial strategy, …