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HPCL and MRPL seek combined six million barrels of crude oil through spot tenders for upcoming deliveries.
SENSEX 77,612.36
NIFTY 24,293.50
CRUDEOIL 7,991.00
+ 51.00
GOLD 154,809.00

HPCL secures 4 million barrels of Middle Eastern crude, including Murban and Oman, through a recent spot tender.

BPCL plans to shut crude units at its Mumbai refinery for maintenance in September and October, impacting production.

India's state-owned oil refining giants stepped up crude purchases last week, securing millions of barrels through separate…

Indian refiners HPCL and MRPL are seeking 6 million barrels of spot crude as the Hormuz crisis keeps disrupting term supply.

It was not clear whether the chartering failed due to heightened tension in the Strait of Hormuz, the sources said

Specifically on Russian crude, Mr. Gupta informed that it was reviewing offers coming for September procurement.