Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 1453)

2017-08-14 Business

1453.

This company buys First Shale Oil from United States of America.

Super Gas

Bharat Gas

Indian Oil Corporation

Hindustan oil Corporation

Answer: Option

Explanation:

State-owned Indian Oil Corporation (IOC) brought the country's first shale oil from the United States of America and is looking to step up imports from America as part of its crude diversification strategy. IOC bought 1.9 million barrels of US crude in its second import tender seeking oil from the America.