Bharat Oman Refineries Ltd (BORL) has bought, via tender, its first crude cargo from the United States, which will be delivered in November, two trade sources said on Tuesday.
Trafigura will deliver 1 million barrels of Mars crude from the U.S. Gulf of Mexico to BORL on Nov. 16 to 25, they said.
BORL is likely the third Indian oil refiner, after Indian Oil Corp and Bharat Petroleum Corp, to import U.S. crude.
Hindustan Petroleum Corp has also said it plans to buy U.S. crude in the next few months.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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Updated: Tue, Sep 19, 2017
02:54 PM IST
02:54 PM IST
Reuters