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Reliance Industries Ltd.
BSE: 500325 | NSE: RELIANCE
Large Cap | Refineries
1395.90
4.00 (0.29%) RIL sells first cargo during an Asia crude price assessment process
Date: 18-08-2015Reliance Industries (RIL) has sold its first cargo during an Asia crude price assessment process. The Indian refiner will deliver 500,000 barrels of Upper Zakum crude to Chinaoil after completing the sale of 20 Dubai lots during the Platts Market on Close (MoC) process.
Reliance made its first appearance on the MoC this month, selling Dubai partials alongside Unipec, the trading arm of Asia's largest refiner Sinopec, and Royal Dutch Shell.