During their maiden meeting Prime Minister Narendra Modi and US President Donald Trump agreed to deepen engagement in the energy sector.
Symbol: CRUDEOIL| Contract: Sep, 2017| Category: Energy
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Saudi officials said the figures showed the world's largest oil exporter was making good progress in repairing state finances that have been severely damaged by slumping oil prices in the last three years.
Asian stock markets gained while U.S. and European markets were little changed as oil prices stumbled over the past several days.
The 274,000 bpd Koyali refinery, built in 1965, has five crude units and IOC wants to replace four of them with a single 300,000 bpd crude unit.
BPCL is the second Indian refiner to buy U.S. Gulf crude after Prime Minister Narendra Modi's visit to Washington last month
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