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Reliance Industries makes first purchase of US crude

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[vc_row][vc_column][vc_column_text]Reliance Industries Ltd has bought its first ever crude oil cargoes from the US, drawn by the oil’s economics after the price spread between US crude futures and Brent futures widened. Reliance bought 1 million barrels each of West Texas Intermediate (WTI) Midland and Eagle Ford crude, which are expected to arrive in November.[/vc_column_text][/vc_column][/vc_row]

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