Latest news with #Mercuria
Business Recorder
4 days ago
- Business
- Business Recorder
India's IOC buys 2 million barrels of US WTI crude for October, sources say
SINGAPORE: State refiner Indian Oil Corp (IOC) has bought two million barrels of U.S. West Texas Intermediate crude for October delivery, three trade sources said on Friday. It purchased the cargoes from Mercuria at a premium of $2.80-2.90 a barrel to dated Brent, they added, speaking on condition of anonymity. India's IOC buys 7 million barrels US, Mideast crude after Russian oil pause IOC recently snapped up crude from the United States, Canada and the Middle East as U.S. President Donald Trump ramped up pressure on India for purchases of Russian oil ahead of talks with President Vladimir Putin to reach a ceasefire in Ukraine.
Time of India
4 days ago
- Business
- Time of India
India's IOC buys 2 million barrels of US WTI crude for October, sources say
Singapore: State refiner Indian Oil Corp ( IOC ) has bought two million barrels of U.S. West Texas Intermediate crude for October delivery, three trade sources said on Friday. It purchased the cargoes from Mercuria at a premium of $2.80-2.90 a barrel to dated Brent, they added, speaking on condition of anonymity. IOC recently snapped up crude from the United States, Canada and the Middle East as U.S. President Donald Trump ramped up pressure on India for purchases of Russian oil ahead of talks with President Vladimir Putin to reach a ceasefire in Ukraine.
Time of India
4 days ago
- Business
- Time of India
Indian Oil Corp buys 2 million barrels of US WTI crude for October: report
State refiner Indian Oil Corp ( IOC ) has bought two million barrels of U.S. West Texas Intermediate crude for October delivery, three trade sources said on Friday. It purchased the cargoes from Mercuria at a premium of $2.80-2.90 a barrel to dated Brent, they added, speaking on condition of anonymity. IOC recently snapped up crude from the United States , Canada and the Middle East as U.S. President Donald Trump ramped up pressure on India for purchases of Russian oil ahead of talks with President Vladimir Putin to reach a ceasefire in Ukraine .
Reuters
4 days ago
- Business
- Reuters
India's IOC buys 2 million barrels of US WTI crude for October, sources say
SINGAPORE, Aug 15 (Reuters) - State refiner Indian Oil Corp ( opens new tab (IOC) has bought two million barrels of U.S. West Texas Intermediate crude for October delivery, three trade sources said on Friday. It purchased the cargoes from Mercuria at a premium of $2.80-2.90 a barrel to dated Brent, they added, speaking on condition of anonymity. IOC recently snapped up crude from the United States, Canada and the Middle East as U.S. President Donald Trump ramped up pressure on India for purchases of Russian oil ahead of talks with President Vladimir Putin to reach a ceasefire in Ukraine.
Reuters
5 days ago
- Business
- Reuters
Vietnam makes first US oil purchase in 2025, sources say
SINGAPORE, Aug 14 (Reuters) - Vietnam has bought one million barrels of U.S. West Texas Intermediate crude for November delivery, its first U.S. oil purchase in 2025, sources said on Thursday. The country's refinery Binh Son Refining and Petrochemical ( opens new tab (BSR) bought the light sweet crude from Mercuria, the sources said.
