MRPL makes its first US oil purchase; 1 mn-barrel cargo to arrive in Feb

Delivery to take place between February 1 and 10

crude oil, US oil, oil
Crude oil is dispensed into a bottle in this illustration photo. (Photo: Reuters)
Reuters New Delhi
Last Updated : Dec 01 2017 | 2:35 PM IST
India's state-run Mangalore Refinery and Petrochemicals Ltd has made its first purchase of US crude oil, buying high-sulphur grade Southern Green Canyon through a tender, the head of its refinery said.

MRPL bought a 1 million-barrel cargo for a February 1-10 delivery, M Venkatesh told Reuters.
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First Published: Dec 01 2017 | 2:35 PM IST

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