SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

MRPL buys its first cargo of Brazil’s Ostra oil: Report

11 Jul 2015 Evaluate

Mangalore Refinery and Petrochemicals (MRPL) has reportedly made its first purchase of Brazil’s Ostra crude. It bought a 900,000-barrel cargo for loading in the second half of August from Shell. The pricing is at a discount of about $1 a barrel to dated Brent on a delivered basis. The purchase is another sign that India is looking to diversify away from its traditional heavy consumption of Middle Eastern crude oil.

MRPL, a subsidiary of state-run exploration firm Oil and Natural Gas Corporation (ONGC), runs a coastal refinery in southern Karnataka state with a capacity of 300,000 bpd.

MRPL Share Price

183.20 8.25 (4.72%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1365.10
Indian Oil Corp. 145.85
BPCL 312.05
HPCL 370.95
MRPL 183.20
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×