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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 251 INR | +0.36% |
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+10.55% | +88.47% |
| Mar. 26 | Mangalore Refinery and Petrochemicals Limited Announces Resignation of Cheruvally Nivedida Subramanian as Independent Director | CI |
| Mar. 25 | Mangalore Refinery Names CEO | MT |
SINGAPORE/MUMBAI (Reuters) - India's Mangalore Refinery and Petrochemicals Ltd has bought its first cargo of Iraqi Basra Heavy crude from Royal Dutch Shell via a tender, two sources with knowledge of the matter said on Tuesday.
It bought the cargo at $1.20 below Dubai quotes on a cost and freight basis.
MRPL is likely to blend the one million barrels Basra Heavy crude, which will be delivered in September, with lighter grades so it can be processed at its refinery, one of the sources said.
MRPL and Shell declined to comment on the deal.
(Reporting by Florence Tan in Singapore and Promit Mukherjee in Mumbai; editing by Manolo Serapio Jr. and Jason Neely)
| 1st Jan change | Capi. | |
|---|---|---|
| +3.35% | 11.37B | |
| +34.34% | 11.24B | |
| +36.55% | 9.07B | |
| +0.35% | 7.41B | |
| +9.64% | 3.36B | |
| -1.77% | 3.32B | |
| +12.04% | 3.09B | |
| +15.04% | 2.71B | |
| +215.41% | 2.33B |
MANGALORE REFINERY AND PETROCHEMICALS LIMITED 
