INDIA SHUNS U.S. CRUDE, TURNS TO NIGERIAN & MIDDLE EAST OIL SUPPLIES
Faith Nyasuguta India’s state-run refining giant, Indian Oil Corporation (IOC), has made a bold shift in its procurement strategy, opting out of U.S crude in favor of oil from Nigeria and the Middle East. In its latest tender, IOC bought 2 million barrels of Nigerian crude from TotalEnergies (Agbami and Usan grades), along with 1 […]
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