India’s Reliance Trying to Sell Middle Eastern Oil in Rare Offer

Reliance Industries Ltd. is seeking to sell some cargoes of Middle Eastern oil to domestic and international buyers, in an unusual move for the Indian refiner that’s normally a major...

By Rakesh Sharma, Serene Cheong · Bloomberg Markets

Reliance Industries Ltd. is seeking to sell some cargoes of Middle Eastern oil to domestic and international buyers, in an unusual move for the Indian refiner that’s normally a major buyer.