Indian refiners buy first Guyanese oil from Exxon - report

[colorful stacked Barrels in front of the sky]
deepblue4you

* Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil (NYSE:XOM [https://seekingalpha.com/symbol/XOM]) to be delivered at the end of 2025 or in early 2026, in their first imports from the South American producer, _Reuters _reported.
* 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, the report said.
* Another refiner, Hindustan Petroleum, has bought 2 million barrels of Liza and Unity Gold crude as well for delivery during the same period, the sources said.
* Elsewhere, a White House official told _Reuters _on Thursday that the United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50%.
* While the cut was not visible yet, though it could be reflected in import numbers for December or January, the report said.

MORE ON EXXON MOBIL

* Exxon Mobil: Prepare For A Cold Winter [https://seekingalpha.com/article/4830454-exxon-mobil-prepare-for-a-cold-winter]
* Exxon Mobil: Moving Towards The Next Generation Of Power [https://seekingalpha.com/article/4828471-exxon-mobil-stock-moving-towards-the-next-generation-of-power]
* Exxon Mobil: Unwavering Commitment To Capital Discipline And Shareholder Returns [https://seekingalpha.com/article/4828173-exxon-mobil-unwavering-commitment-to-capital-discipline-and-shareholder-returns]
* European lawmakers move to soften ESG rules slammed by Exxon, others [https://seekingalpha.com/news/4503731-european-lawmakers-move-to-soften-esg-rules-slammed-by-exxon-others]
* Exxon returns to Iraq with Majnoon oilfield agreement [https://seekingalpha.com/news/4502685-exxon-returns-to-iraq-with-majnoon-oilfield-agreement]