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RIL imports 9% less oil in November: Report

14 Dec 2018 Evaluate

Reliance Industries (RIL) has reportedly imported around 9% less oil in November as compared with October. The company would stop imports of Iranian oil from November to defend its wider exposure to the US economy.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Peers
Company Name CMP
Reliance Industries 1168.75
Indian Oil Corpn. 130.15
Bharat PetroleumCorp 288.55
HPCL 341.95
MRPL 173.40
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