HPCL Makes First U.S. Oil Purchase
Indian state refiner Hindustan Petroleum Corp has made its first purchase of U.S. oil, buying high sulphur crude Mars in a tender, company chairman M. K. Surana said on Monday.
Earlier Indian Oil Corp and Bharat Petroleum Corp , both state refiners, had purchased the U.S. oil through tenders.
HPCL has bought 1 million barrels of Mars oil from trader Trafigura for delivery in December at the southern Indian port of Vizag, he said.
Reporting by Nidhi Verma
