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Tag: FOB oil purchases

Crude oil sourcing presently volatile; procuring more on landed basis: HPCL Chief

Posted on October 23, 2026 By admin
Crude oil sourcing presently volatile; procuring more on landed basis: HPCL Chief

A view of the HPCL headquarters. File | Photo Credit: The Hindu Crude oil sourcing at present is very volatile and unpredictable, and Hindustan Petroleum is procuring more on a delivered basis than free-on-board (FOB) and term contracts, Vikas Kaushal, Chairman and Managing Director (CMD) of the state-owned oil-marketing company told analysts in an investor…

Read More “Crude oil sourcing presently volatile; procuring more on landed basis: HPCL Chief” »

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