Indian Oil Corp buys 4 mln bbls of W.African crude via tender, trade sources say

Hindustan Petroleum

04/09/2026 10:23

NEW DELHI/SINGAPORE, Sept 4 (Reuters) - Indian Oil Corp IOC.NS purchased 4 million barrels of West African crude via a spot tender this week, trade sources said on Friday. 
The state refiner bought 1 million barrels of Angola's Nemba crude from Chevron, 2 million barrels of Nemba and Nigerian Okwuibome crude from Glencore, and 1 million barrels of Ghana's Jubilee crude from Glencore, the people said.
Prices of the deals were not immediately clear. The companies do not typically comment on their commercial trade.

 (Reporting by Nidhi Verma in New Delhi and Siyi Liu in Singapore;
Editing by Tomasz Janowski)
 ((siyi.liu@thomsonreuters.com;))