10 months, 3 weeks ago
No disruption in oil flows to India, only freight up: HPCL head
The HinduThe ongoing attacks on shipping vessels by Houthi militants in the Red Sea have not impacted the flow of crude oil to India but freight has gone up due to rerouting via the Cape of Good Hope, Hindustan Petroleum Corporation Limited Chairman Pushp Kumar Joshi said. OPINION | The larger message to New Delhi from the Red Sea In a post-third quarter earnings call with investors, Mr. Joshi said HPCL had tied up crude oil supplies till mid-April and did not foresee any supply disruptions. HPCL, he said, has "already tied up crude requirements till fiscal year end and the first couple of weeks of April." Mr. Joshi said HPCL had tied up both term and spot supplies, including opportunity crude till mid-April.
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1 year, 7 months ago
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1 year, 7 months ago
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1 year, 7 months ago
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1 year, 8 months ago
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1 year, 8 months ago
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