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HPCL buys Nigeria's Qua Iboe oil grade from BP

GENEVA:India's state-run Hindustan Petroleum Corp Ltd ( HPCLBSE -0.46 %) has bought at least 1 million barrels of NigerianQua Iboe crude oil via tender from BP, trade sources said on Wednesday. 

The cargo is due to load in July, although the exact loading dates were not immediately available. 

Refiners Indian Oil Corp ( 
IOCBSE -0.43 %) and Bharat Petroleum Corp also have outstanding tenders to purchase light, sweet crude oil this week. 

The results are expected later this week.