BPCL buys U.S. Mars crude oil for September

BPCL buys U.S. Mars crude oil for September

India’s state-run Bharat Petroleum Corp has bought 2 million barrels of high-sulphur Mars crude oil from the United States for delivery in September, two industry sources said on Wednesday.

The refiner last bought a Mars crude oil cargo for July delivery, one of them said. BPCL could not immediately be reached for comment.

BPCL made its first purchase of U.S. oil in July, last year after Prime Minister Narendra Modi’s visit to Washington when President Donald Trump said the United States looked forward to exporting more energy products to the world’s third-biggest oil buyer. Read More

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