[vc_row][vc_column][vc_column_text]Reliance Industries imported 5.3 per cent more oil in March from a year ago. The imports were however a third more than the low base of February.
In the first quarter of 2017, the private refiner shipped in 1.3 per cent less oil from a year ago. Reliance, reporting its quarterly earnings said its crude processing declined marginally during the quarter due to a maintenance shutdown of a fluid catalytic cracker.
Reliance shipped in about 10 per cent of its imports from dated-Brent linked African grades compared with about 2.7 percent a year ago.
The share of Latin American oil in its overall purchases however declined to about 39 percent from about 41.5 percent a year ago, while that of Middle East fell to about 46 percent from 56 percent.[/vc_column_text][/vc_column][/vc_row]
