Indian Oil Corp IOC, 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.
Source: Reuters