TOTSA Issues Tender to Sell Up to 2M Barrels of Oman Crude

TOTSA Total Oil Trading SA has announced a tender to sell up to two million barrels of Oman crude for April loading. The tender reflects strong demand for Middle Eastern crude amid ongoing geopolitical tensions and fluctuating global energy prices.

Oman crude, a key benchmark in Asia, is widely sought after by refiners in India, China, and other regional markets. The tender is expected to attract significant interest, particularly as buyers look to secure stable supply chains in the face of shipping risks and rising input costs.

Key Highlights

• Tender Size: Up to 2 million barrels of Oman crude.
• Loading Period: April 2026.
• Market Context: Comes amid volatile global oil prices and geopolitical uncertainty.
• Benchmark Role: Oman crude remains a vital reference grade for Asian refiners.
• Buyer Interest: Strong demand anticipated from India, China, and regional markets.

Sources: Reuters, Mint, The Economic Times