VERIFIEDET Finance·4 Aug 2026neutral

HPCL buys West Africa crude for Rajasthan refinery, sources say

AI Summary

·Hindustan Petroleum Corp has purchased two million barrels of West African crude oil for its Rajasthan refinery.
·The crude oil was acquired from the trader Glencore and is expected to arrive by late September.
·The Rajasthan refinery operates at 180,000 barrels daily, and Hindustan Petroleum holds a seventy-four percent stake in the venture.