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VERIFIEDET Finance·neutral
Indian Oil, HPCL buy 7 million barrels of crude via tenders, trade sources say
AI Summary
- ·Indian Oil Corp and Hindustan Petroleum Corp have collectively purchased around 7 million barrels of crude oil.
- ·Indian Oil secured crude from Angola and Nigeria, while HPCL bought Brazilian Tupi crude.
- ·The crude oil purchases are scheduled for delivery in August and September.