Reporting by Florence Tan and Nidhi Verma, Reuters
SINGAPORE/NEW DELHI
EnergiesNet.com 12 20 2024
India’s Bharat Petroleum Corp Ltd (BPCL.NS), opens new tab has bought its first crude oil cargo from Argentina, two trade sources said on Friday, part of the company’s effort to diversify the grades processed at its refineries.
The state-run refiner has purchased the 1-million-barrel cargo of Medanito crude for February delivery from European trader Mercuria, the sources said.
The light-sweet grade is of a similar quality to U.S. West Texas Intermediate crude, they added.
India’s Bharat Petroleum Corp Ltd (BPCL.NS), opens new tab has bought its first crude oil cargo from Argentina, two trade sources said on Friday, part of the company’s effort to diversify the grades processed at its refineries.
The state-run refiner has purchased the 1-million-barrel cargo of Medanito crude for February delivery from European trader Mercuria, the sources said.
The light-sweet grade is of a similar quality to U.S. West Texas Intermediate crude, they added.
Reporting by Florence Tan and Nidhi Verma; Editing by Kirsten Donovan
reuters.com 12 19 2024
