India's Reliance Industries Ltd, operator of the world's biggest refin...
The logo of Reliance Industries is pictured in a stall at the Vibrant Gujarat Global Trade Show at Gandhinagar, India, January 17, 2019. REUTERS/Amit Dave/Files
NEW DELHI/SINGAPORE - India’s Reliance Industries Ltd, operator of the world’s biggest refining complex, has bought 2 million barrels of additional Saudi oil in a very large crude carrier for loading in April, trade sources said on Thursday.State-run Saudi Aramco, the world’s top oil exporter, has slashed its selling price for April and announced plans to raise output to a record 12.3 million barrels per day .
It was not immediately clear which crude Reliance will replace with the additional Saudi barrels. The refiner, one of the biggest buyers of Venezuelan oil, is preparing to wind down purchases from the Latin American nation from April under pressure from U.S. sanctions.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Holi festival subdued in India over coronavirus concernsHindus are throwing colored powder and spraying water in massive celebrations of the festival of Holi in India. But the enthusiasm is subdued compared to previous years because of fears of the new coronavirus.
Baca lebih lajut »
Kering to Open Hand-Embroidery Center in IndiaThe luxury group said it wants to gain first-hand knowledge of the sector with the aim of improving working conditions within its supply chain.
Baca lebih lajut »
Disney Plus Goes Live in India Almost Three Weeks EarlyMouse House streamer Disney Plus went live in India on Wednesday, 18 days before the previously announced launch date of March 29. Disney’s existing Indian streamer Hotstar app is now rebranded as …
Baca lebih lajut »
India cancels all tourist visas, closes Myanmar border as regional coronavirus cases riseIndia said on Wednesday it will suspend all tourist visas to the country in a wi...
Baca lebih lajut »
India could be a 'major winner' as oil prices plummetU.S. crude and Brent prices plunged after OPEC and its allies failed last week to strike a deal on production cuts. This could be good news for India.
Baca lebih lajut »
India temporarily suspends almost all visas and closes land border with Myanmar'All existing visas, expect diplomatic, official, UN/International Organizations, employment, project visas, stand suspended till 15th April 2020,' India's health ministry said.
Baca lebih lajut »