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Indian refiners buy first Guyanese oil from Exxon, sources say
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Indian refiners buy first Guyanese oil from Exxon, sources say
Oct 16, 2025 7:25 PM

NEW DELHI/SINGAPORE (Reuters) -Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil ( XOM ) to be delivered at end-2025 or in early 2026, in their first imports from the South American producer, trade sources said on Friday.

Indian Oil Corp, the country's largest refiner by capacity, has bought 2 million barrels of Golden Arrowhead crude which will arrive in late December or in early January, they said, speaking on condition of anonymity.

Another refiner, Hindustan Petroleum Corp, has bought 2 million barrels of Liza and Unity Gold crude also for delivery during the same period, the sources said.

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