Business Standard

BPCL buys U.S. Mars crude for Sept - sources

Image

Reuters SINGAPORE

SINGAPORE (Reuters) - India's state-run Bharat Petroleum Corp has bought 2 million barrels of high-sulphur Mars crude oil from the United States for delivery in September, two industry sources said on Wednesday.

The refiner last bought a Mars crude oil cargo for July delivery, one of them said.

BPCL could not immediately be reached for comment.

BPCL made its first purchase of U.S. oil in July, last year after Prime Minister Narendra Modi's visit to Washington when President Donald Trump said the United States looked forward to exporting more energy products to the world's third-biggest oil buyer.

(Reporting by Florence Tan and Jessica Jaganathan; Editing by Sunil Nair)

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 04 2018 | 11:47 AM IST

Explore News