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Asia Crude-India MRPL buys 1st sour cargo since Oct

Source : REUTERS
Last Updated: Thu, Jan 31, 2013 02:00 hrs

NEW DELHI, Jan 31 (Reuters) - India's Mangalore Refinery and Petrochemicals Ltd has bought a cargo of high sulphur crude via a spot tender, its first since October last year, trade sources said.

The refiner bought 650,000 barrels of Oman crude from Shell to load in March at about $1.40 a barrel above dated Brent on a cost-and-freight (C&F) basis, they said.

MRPL last bought sour crude in October when it sought cargoes to replace Iran supplies that were hit by Western sanctions. (Reporting by Nidhi Verma; Writing by Florence Tan; Editing by Ed Davies)

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  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
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