RIL buys 2 million barrels extra Saudi oil for April loading: Sources
NEW DELHI/SINGAPORE: India’s Reliance Industries LtdNSE -7.85 %, operator of the world’s biggest refining complex, has bought 2 million barrels of additional Saudi oilNSE -12.25 % in a very large crude carrier for loading in April, trade sources said on Thursday.
No immediate comment was available from Reliance.
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 (bpd).
