Indian Oil Corp's First Sour Oil Purchase Since 2022

Indian Oil Corp has issued its first tender to purchase sour oil since March 2022. The company is seeking cargoes for loading in the first half of March, according to trade sources. This move marks a significant development in the energy sector.

In a strategic move, Indian Oil Corp has announced its first tender to acquire sour oil since March 2022. This development has been confirmed by trade sources.

The company is looking for cargoes that are scheduled for loading in the first half of March, indicating a renewed focus on sour oil procurement.

This tender is expected to impact the energy market, signaling a shift in Indian Oil's purchasing strategy.

(With inputs from agencies.)