Saturday, 19 September 2020 | 01:52
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IOC buys March Upper Zakum crude at lower premiums – sources

Friday, 10 January 2020 | 20:00

Indian Oil Corp has bought 2 million barrels of March-loading Upper Zakum crude at a premium of around $2.50 a barrel to Dubai quotes from Chinaoil, two trade sources said on Friday.

* Last month, February-loading Upper Zakum crude cargoes were traded at premiums of around $2.90 a barrel to Dubai quotes in spot tenders
Source: Reuters (Reporting By Shu Zhang; Editing by Rashmi Aich)

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