BPCL Plans To Buy First US Crude Via Tender: Report

Singapore: Bharat Petroleum Corp Ltd plans to buy its first ever cargo of crude oil from the United States, a tender document showed on Monday.

BPCL is seeking at least 1 million barrels of crude either for loading on Aug. 16-Sept.5 or delivery on Sept. 26-Oct. 15, it said.

Part 1 of the tender closes on July 11 and part 2 on July 14. Offers will remain valid until July 14.

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