MRPL separately plans to operate its refinery at more than 100 per cent capacity until March next year
Shipments from Asia, including India, are expected to total between 1.8 million and 2 million metric tonnes, equivalent to roughly 13.4 million to 14.9 million barrels, during August
The assessment comes as energy markets contend with disruption around the Strait of Hormuz and the possibility of continued instability in the Red Sea
Both benchmarks had settled more than $1 higher on Tuesday, reaching their highest closing levels since July 31
According to the company, the transaction has reduced borrowing costs by about 150 basis points across the issuing SPVs
