IOC says crude Q2 price volatile as procurement swings between discounts and premiums
Crude oil procurement remained volatile during the September quarter, with Indian Oil Corporation (IOC) sourcing supplies at discounts of up to $5 per barrel and premiums of as much as $12, Anuj Jain, Director (Finance), told investors during a post-results call on Saturday. The Delhi-headquartered refiner’s net profit more than doubled year-on-year to ₹21,630 crore…
Read More “IOC says crude Q2 price volatile as procurement swings between discounts and premiums” »