India's BPCL offers first gasoil cargo in over a year - sources
Corrects to "amid a drop in export levies" from "despite a drop in domestic levies" in paragraph 5 in Oct. 2 story
SINGAPORE, Oct 2 (Reuters) -India's Bharat Petroleum Corp BPCL.NS has offered its first spot gasoil cargo, via a sales tender, in more than a year, three industry sources familiar with the matter said on Monday.
BPCL is seeking to sell at least 40,000 metric tons of 10ppm sulphur gasoil loading Oct. 26-27 from Kochi, according to a document seen by Reuters.
The tender closes on Oct. 3, with same-day validity.
The refiner had previously offered contractual 10ppm sulphur gasoil cargoes in April 2022, for delivery between July 2022 and January this year, Reuters records showed. MDIS/TENDA
This sudden offer could be due to strong profits overseas, amid a drop in export levies last Friday. Recent October-loading deals for India-origin gasoil are at premiums of around $6 a barrel to free-on-board Arab Gulf quotes - a rise from $4 for September loaders, one of the three sources said.
The state-owned refiner previously sought to buy gasoil cargoes for end-June to early July delivery to its Mumbai refinery, likely due to planned maintenance for some diesel-producing units in its Kochi refinery, a second source said.
BPCL did not immediately respond to a request for comment.
Reporting by Trixie Yap; Editing by Krishna Chandra Eluri
免責聲明: XM Group提供線上交易平台的登入和執行服務，允許個人查看和/或使用網站所提供的內容，但不進行任何更改或擴展其服務和訪問權限，並受以下條款與條例約束：（i）條款與條例；（ii）風險提示；（iii）完全免責聲明。網站內部所提供的所有資訊，僅限於一般資訊用途。請注意，我們所有的線上交易平台內容並不構成，也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。