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Indian buyers, including major entities like Indian Oil Corporation, opted for delivery-based arrangements, with sellers assuming responsibility for delivering crude oil with suitable insurance coverage at discharge ports in India.
Maharashtra Seamless climbed 4% on bagging orders of 1.57 billion rupees from Oil India and Indian Oil Corporation.
Source: https://www.thehindubusinessline.com/markets/stock-market-highlights-04-sep-2023/article67267020.ece