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Oil Purchases by Top Indian Refiner Show Where Market Glut Bites - Bloomberg
Bloomberg | Oil Purchases by Top Indian Refiner Show Where Market Glut Bites Bloomberg While Indian Oil Corp. used to buy more than 80 percent of its crude via long-term contracts, it's cut that share down by 10-12 percent over the past three years, said Chairman B. Ashok. That's because a flood of “light” low-sulfur crude exacerbated by ... |
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