RTRS:Asia Crude-India MRPL buys Nov Libyan Mellitah at premium
(Reuters) - India's Mangalore Refinery and Petrochemicals Ltd has bought 600,000 barrels of Libyan Mellitah condensate from Marubeni via tender, industry sources said on Monday.
MRPL bought the November loading crude at a 50 cents a barrel premium to dated Brent on a free on board basis, the sources said.
MRPL had bought September loading cargoes of the same grade at 75 cents a barrel below dated Brent, according to Thomson Reuters data. (Reporting by Nidhi Verma; Editing by Himani Sarkar) (nidhi.verma@thomsonreuters.com; +91 11 4178 1018; Reuters Messaging: nidhi.verma.thomsonreuters.com@reuters.net)