CORRECTED-India's IOC buys sweet crude for November delivery, sources say

ReutersSep 19, 2025 10:03 AM

SINGAPORE/NEW DELHI, Sept 19 (Reuters) - Indian Oil Corp IOC.NS, the country's top refiner, has bought 2 million barrels of sweet crude for November delivery via a tender, trade sources said on Friday.

It bought U.S. West Texas Intermediate Midland crude from Totsa, they added.

The WTI cargo was sold at about $3.50 a barrel above dated Brent on delivery at port basis to Vadinar, one of the sources said.

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