Top Indian Refiner Snubs U.S. Oil in Latest Tender ...Middle East

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Top Indian Refiner Snubs U.S. Oil in Latest Tender
India’s top refiner, Indian Oil Corporation Ltd (IndianOil), has forgone buying U.S. crude at this week’s tender, instead opting for Middle Eastern and West African crude, sources in the oil trade industry told Reuters on Friday. At the previous tender last week, IOC bought as many as 5 million barrels of U.S. West Texas Intermediate crude.   But this week, the biggest refiner in the world’s third-largest crude importer bought 2 million barrels of West African crude, another one million barrel of Nigeria’s Agbami…

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