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HPCL buys 2 mln bbls US crude via tender, trade sources say

HPCL buys 2 mln bbls US crude via tender, trade sources say

- India's Hindustan Petroleum Corp Ltd HPCL.NS bought around 2 million barrels of U.S. West Texas Intermediate crude for November delivery via a tender this week, trade sources said.

The state refiner bought the three Aframax cargoes at a premium of about $13 a barrel to dated Brent contract, the people said. The sellers were Totsa and Glencore.

The companies do not typically comment on their commercial trade.


(Reporting by Nidhi Verma in New Delhi and Siyi Liu in Singapore;
Editing by Tomasz Janowski)

((siyi.liu@thomsonreuters.com;))

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