India’s Leading IOC has purchased more West Africa Crude for Aug
India’s leading state-owned refiner, Indian Oil Corp, has purchased two Very Large Crude Carriers of Nigerian crude oil via tender for delivery in August. For full story, click here
Articles Tagged "delivery"
Downward Pressure On Oil Price
Recent dismal economic data and growing U.S. inventories kept oil prices below $50 a barrel Friday despite hopes of a possible second-half recovery in crude demand. Benchmark crude for May delivery fell 40 cents to $49.58 a barrel by Noon in European electronic trading on the New York Mercantile Exchange. The contract on Thursday rose 73 cents to settle at $49.98.
Reactors will be delivered to Eni in first quarter of 2011
The two reactors are scheduled for delivery to the Eni refinery in first quarter 2011, with commercial operation expected in 2012. For full story, click here
Crude oil for March delivery gained
Crude oil for March delivery gained as much as $1.01 (nearly Rs49), or 2.5%, to $41.79 a barrel in electronic trading on the New York Mercantile Exchange. For full story, click here
Reliance defaults in oil delivery to CPCL
Reliance Industries has failed to deliver the second consignment of crude oil from its eastern offshore Krishna-Godavari basin D6 block to Chennai Petroleum Corp Ltd, as output from the field has been erratic. For full story, click here
Reliance defaults in oil delivery to CPCL
Reliance Industries has failed to deliver the second consignment of crude oil from its eastern offshore Krishna-Godavari basin D6 block to Chennai Petroleum Corp Ltd, as output from the field has been erratic. For full story, click here
