Thursday, April 15, 2010

India HPCL Takes Nigeria Bonny Light Crude For June In Tender

LONDON (Dow Jones)--Hindustan Petroleum Corp. Ltd. (50104.BY), one of India's largest oil refiners, bought key benchmark Nigerian grade crude for June loading as part of its monthly tender, traders of West African crude told Dow Jones Newswires Thursday.

HPCL will take 1 million barrels of Qua Iboe crude for June.

Traders suggested Royal Dutch Shell PLC (RDSB) may have been the seller, but no further details were known.

-By Angela Henshall, Dow Jones Newswires; +44 (0)20 7842 9285; angela.henshall@dowjones.com

No comments:

Post a Comment