India's IOC buys 3 million barrels of crude oil via tender, traders say
India's IOC buys 3 million barrels of crude oil via tender, traders say NEW DELHI/SINGAPORE, Oct 7 (Reuters) - Indian Oil Corp, the country's largest refiner by capacity, has bought 3 million barrels of Middle Eastern and west African crude for November delivery to various Indian ports via a tender, multiple traders who participate in the market said this week.
Trafigura sold 1 million barrels of Abu Dhabi Murban crude for delivery to Vadinar at $13-$14 a barrel above dated Brent
Mercuria sold 1 million barrels of Iraqi Basrah Medium crude for delivery to Chennai at about parity to dated Brent
Chevron sold 1 million barrels of Angolan Nemba crude at $18 a barrel above dated Brent
(Reporting by Nidhi Verma in New Delhi and Florence Tan in Singapore; Editing by Christian Schmollinger)
((Florence.Tan@thomsonreuters.com;))
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