Indian State Refiner BPCL Leads Push to Lock In Mideast Crude

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Yongchang Chin

Rakesh Sharma

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Indian state-owned refiner BPCL is seeking to lock in long-term Middle East crude purchases, in the latest sign that the world’s third-largest oil importer is edging back toward traditional suppliers and away from a heavy reliance on cheap Russian cargoes.

Inside The Numaligarh Refinery And Gas Station

Indian state-owned refiner Bharat Petroleum Corp. is seeking to lock in long-term Middle East crude purchases, in the latest sign that the world’s third-largest oil importer is edging back toward traditional suppliers and away from a heavy reliance on cheap Russian cargoes.

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