Bulletin Updates

India's IOC no longer accepts Russian, Kazakh crude on FOB basis: Report – 1 Mar 2022

Mar 01, 2022

India's top refiner Indian Oil Corp will no longer accept cargoes of Russian crude oil and Kazakh CPC Blend cargoes on a free-on-board (FOB) basis due to insurance risk, according to a tender notice and a source familiar with the matter.

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