The Hindu·3 min read·medium
Indian Oil has crude supplies secured for entire August, most of September
S
Saptaparno Ghosh
✦AI Summary
Indian Oil Corporation has secured crude oil supplies through August and most of September despite ongoing shipping disruptions in the Strait of Hormuz. The company reported a net loss for the June quarter but noted improved operational efficiencies and refinery throughput.
Indian Oil Corp has crude oil supplies secured for the entirety of August and most of September, Arvinder Singh Sahney, Chairman of the state-owned oil-marketing company told reporters on Friday (July 31, 2026).
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