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HPCL, BPCL have secured crude supplies till August, scouting for September

Saptaparno Ghosh· ·2 min read · 0 reactions · 0 comments · 6 views
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HPCL, BPCL have secured crude supplies till August, scouting for September
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In fact, yesterday we have started to buy for September,” informed Mr. Gupta informed that it was reviewing offers coming for September procurement.About potential discounts on crude from Russia, he stated, “We have to wait, maybe next one week, we will come to know what the scenario would be.

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The Hindu · Saptaparno Ghosh
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State-owned oil-marketing companies, Hindustan Petroleum and Bharat Petroleum, have secured their supplies until the end of August and are working on procuring supplies for September onwards, executives of the two oil-marketing companies told analysts in their respective post-results call Thursday.Speaking to analysts, Vikas Kaushal, Chairman and Managing Director (CMD) at Hindustan Petroleum informed the refiner had supplies stocked until the end of August.“We are very well covered for our crude till the end of August fully. In fact, yesterday we have started to buy for September,” informed Mr.

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