SQUAWK/NEWS
Account
Theme
Account
Menu
Live News ENERGY ARTICLE M impact

BPCL to Cut Russian Oil Buying in November as West Asian Crude Gains Edge

Bharat Petroleum is set to significantly reduce Russian crude purchases in November as higher freight costs and elevated premiums make Middle Eastern grades more commercially attractive.

BPCL

Story updates

04:16:24 AM UTC
SquawkNews
BPCL to Cut Russian Oil as West Asian Crude Gets Cheaper

Kalpana Pathak Mumbai: Bharat Petroleum Corporation (BPCL) is set to significantly reduce its Russian crude oil purchases in November as higher freight costs and elevated premiums make Middle Eastern grades more commercially attractive, signalling a shift in the state-run refiner's sourcing strateg…