After BPCL, ONGC signs up HPCL for sale of oil from Mumbai offshore fields
In the first auction last year, ONGC had offered 33 lots of 412,500 barrels each - 26 cargoes from Uran near Mumbai and seven cargoes from Mumbai offshore - for sale starting November 1, 2022 at a minimum USD 0.5 premium over the average monthly price of Brent.
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