Indian Oil Corporation has sharply increased its spot crude purchases as disruptions in the Middle East affected supply flows. According to the report, the company lifted the share of crude bought on the spot market to nearly 84%, marking a significant shift in its sourcing pattern.
The move points to a more flexible import strategy at a time when established supply routes have come under pressure. By relying more on spot purchases, Indian Oil appears to be adjusting quickly to changing market conditions and trying to maintain a steady flow of crude for its refining system.
The company has also expanded sourcing beyond its usual channels, with additional imports coming from West Africa and Latin America. This broader supplier mix can help reduce dependence on any one region when disruptions affect availability or delivery schedules.
The change highlights how major buyers are responding to instability in global oil logistics. For Indian Oil, increasing spot purchases and diversifying import origins reflects an effort to manage supply risk while keeping operations supported amid ongoing uncertainty in the market.
