India's Bharat Oman refineries buys first US crude for Nov arrival

SINGAPORE (Reuters) — India’s 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.

Photo courtesy of Bharat Oman Refineries Ltd.
Photo courtesy of Bharat Oman Refineries Ltd.

Trafigura will deliver 1 MMbbl of Mars crude from the US 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 US crude.

Hindustan Petroleum Corp has also said it plans to buy US crude in the next few months.

Reporting by Florence Tan; Editing by Christian Schmollinger

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