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Indian refiners buy first Guyanese oil from Exxon, sources say

Written By: TDG Syndication
Last Updated: October 17, 2025 07:38:02 IST

NEW DELHI/SINGAPORE, Oct 17 (Reuters) – Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil 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. (Reporting by Nidhi Verma in New Delhi and Florence Tan in Singapore; Editing by Clarence Fernandez)

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