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SINGAPORE/NEW DELHI: Indian Oil Corp 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.