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  • Indian Oil Corporation has agreed to buy crude oil from Russia at cheaper prices...

Indian Oil Corporation has agreed to buy crude oil from Russia at cheaper prices...

THE GREAT INDIA NEWS

UPDATED: Dec 17, 2022, 5:19:38 AM

Indian Oil Corporation has agreed to buy crude oil from Russia at cheaper prices. About 3 million barrels of crude oil were purchased from a Russian company called Vidal for March. Vital is offering crude oil to India at a discounted price of $ 20 to $ 25 per barrel. In addition, 2 million barrels from Abu Dhabi's Murban Company. 1 million barrels to buy from Akbo and another 1 million barrels from Forkadas in Nigeria. Indian Oil Corporation has finally signed an agreement to buy 1 million barrels of crude oil from Cameroon's Cole Company.

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