SENSEX
NIFTY
GOLD
USD/INR

Weather

image 11    C

Economy News

The Economic Times News

Economy / The Economic Times

details

Indian Oil buys first Colombian oil under Ecopetrol contract: Sources

Indian Oil Corporation has bought Colombian crude for the first time. This move diversifies India's oil sources away from Russia. Indian refiners are seeking new suppliers due to sanctions. Indian Oil Corporation secured two million barrels of Castilla crude. This purchase is for delivery in late February. The company has an option to buy more.

31 Dec 2025 9:34 am