Reliance Industries eyes first oil cargo from UAE trade arm in Dec: Report

Reliance Industries Ltd aims to get the first cargo of oil from its new Abu Dhabi-based trading unit in December, a source familiar with the matter said.

The Indian conglomerate aims to get about a 500,000 barrels of cargo of United Arab Emirates' Das crude from RINL, the source added.

Abu Dhabi National Oil Co (ADNOC) supplied one million barrels of Das crude from the cavern to Reliance in October and 2 million barrels in November, trade data shows