Indian Oil Corp seeks LNG cargo for second half of October delivery

Indian Oil Corp seeks LNG cargo for second half of October delivery

Indian Oil Corp is seeking a liquefied natural gas (LNG) cargo for delivery in the second half of October, two industry sources said on Monday. The cargo is sought for delivery at the Ennore terminal on India’s east coast. The tender closes on Sept. 19, the sources said.

Indian Oil sells more naphtha for August -sources

Indian Oil sells more naphtha for August -sources

Indian Oil Corp sold a naphtha cargo last Thursday, bringing its total August exports to 97,000 tonnes, the highest monthly volume from the port of Chennai since 2015, three industry sources said on Tuesday.

Oil falls on fears of a global economic downturn

Oil falls on fears of a global economic downturn

Oil prices fell on Monday amid worries about a global economic slowdown and the ongoing U.S.-China trade war, which has reduced demand for commodities such as oil. International benchmark Brent crude futures were at $58.00 a barrel by 1044 GMT, down 53 cents from their previous settlement.

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