Indian Refiners Buy Venezuelan Crude
This is a Vitol news story, published by Yahoo Finance, that relates primarily to U.S. Treasury Department news.
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Venezuelan crudeReuters
•Trader Vitol sells Venezuelan oil to Indian refiners, trade sources say
81% Informative
Two Indian state refiners have bought 2 million barrels of Venezuelan crude from trading house Vitol for November delivery.
Indian refiners resumed imports of crude earlier this year after U.S. Treasury Department authorized transactions for exports of crude and fuel.
Indian Oil Corp (IOC) is set to receive 1.2 million barrels , while Mangalore Refinery and Petrochemicals will get 800,000 barrels .
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