Indian Oil Seeks Up To 24 Million Barrels Of U.S. Crude For Oct 2020-March 2021 Delivery: Report
car&bike Team
1 min read
Jun 08, 2020, 06:33 PM
Indian Oil Corp, the country's top refiner, is seeking up to 24 million barrels of U.S. crude for delivery over the fourth quarter this year and the first quarter of 2021, two tender documents seen by Reuters showed on Monday.
Also Read: Petrol, Diesel Prices Hiked By 60 Paisa Per Litre After 83-Days
IOC is seeking 2 million barrels of U.S. crude per month with an optional volume of extra 2 million barrels per month for delivery to the Paradip terminal at the eastern cost of India, the document showed.
Also Read: BPCL Sees Petrol, Diesel Demand Returning To Pre-Covid Levels In July
The tender will close on June 12 with validity on the same date.
Latest News
car&bike Team | Jun 25, 2026TVS iQube Electric Scooter Crosses 10 Lakh Units Production MilestoneIntroduced in 2020, the iQube is TVS' first high-speed, long-range electric scooter, which has soared to the top of sales charts in recent years.1 min read
car&bike Team | Jun 24, 2026Kawasaki KLX230 Gets Dearer For MY2027; Price Increased By Rs 35,000The MY2027 Kawasaki KLX230 arrives with a significant price hike, but no mechanical or cosmetic changes over the outgoing model.1 min read
Seshan Vijayraghvan | Jun 24, 2026Renault Kiger Variants Updated; New Evolution+ Trim Brings Auto AC, Wireless Smartphone Connectivity For Rs. 6.99 LakhIn addition to the new Evolution+ trim, Renault has also made the turbo petrol engine more accessible with the launch of Techno MT Turbo at Rs. 7.89 lakh.1 min read
Jaiveer Mehra | Jun 24, 2026Skoda Peaq Electric SUV Revealed: Skoda’s Largest SUV Seats 7, Offers 640 km RangeThe Peaq measures nearly 4.9 metres long and is offered in five- and seven-seater configurations and with rear and all-wheel drive options.1 min read
car&bike Team | Jun 23, 2026Hero MotoSports Completes 10 Years; Signs 18-Year-Old For Dakar ProgrammeHero MotoCorp marked 10 years of its global rally-raid programme and announced a Dakar talent programme, signing on 18-year-old supercross sensation Shlok Ghorpade.1 min read
car&bike Team | Jun 23, 2026Citroen Aircross Comfort Edition Launched; Prices Start At Rs. 9.09 LakhThe Citroen Aircross Comfort Edition will be offered in three variants - You, Plus, Plus Turbo 7S - and they are priced between Rs. 9.09 lakh and Rs. 11.99 lakh (ex-showroom).2 mins read
Preetam Bora | Jun 25, 2026Triumph Tracker 400 First Ride Review: What's It Really Like?The Triumph Tracker 400 is here, now with a downsized 349 cc engine. We spent a couple of hours with it to share our first impressions. Is it worth your attention?1 min read
Preetam Bora | Jun 15, 20262026 Yezdi Scrambler Review: The Update That Changes EverythingThe Yezdi Scrambler gets a comprehensive update with an updated engine, revised chassis, reduced weight and proper features list. Does it deliver? Here’s our take.10 mins read
Preetam Bora | Jun 10, 20262026 BMW F 450 GS Review: A True GS - But Should You Buy It?The GS badge on a BMW means something and always has. Can the new made-in-India BMW F 450 GS truly live up to that legacy? We spent a few days getting familiar with the F 450 GS to see if it’s worth a buy.12 mins read
Jaiveer Mehra | Jun 10, 20262026 Tata Altroz Long-Term Review: Initial Impressions After 45 DaysTata’s premium hatchback brings a lot to the table, but some rough edges are still apparent.4 mins read
Seshan Vijayraghvan | Jun 9, 2026Renault Duster 1.0-Litre Turbo Review: Small Engine, More Than Enough PerformanceThe Renault Duster's TCe100 engine is the 1.0-litre turbo petrol that makes 99 bhp and 166 Nm of peak torque. And it only comes with a 6-speed manual.6 mins read