• India’s MRPL buys Upper Zakum crude in its 1st sour crude tender in 2019

    Indian refiner MRPL has bought 1 million barrels of Upper Zakum crude in the first sour crude tender issued by the refiner this year, a source familiar with the matter said

    * The tender comes after India stopped lifting Iranian oil in May as Washington did not extend waivers from sanctions on Iran for Iranian oil buyers

    * MRPL bought the cargoes from Shell at $2.05 a barrel above Dubai quotes and they will load on Aug. 1-10, the source said

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