Indian refiners buy first Guyanese oil from US major Exxon, sources say

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.