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India s BPCL still in talks for Russian oil deal, discounts narrow | Hellenic Shipping News Worldwide

India s BPCL still in talks for Russian oil deal, discounts narrow | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Net profit | Bharat Petroleum reports rise in net profit at Rs 10,664 crore over fall in oil prices

The PSU had reported a net loss of Rs 6,147.94 crore in the June quarter last year, according to a company filing with the stock exchanges

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BPCL still in talks for Russian oil deal, discounts narrow, Auto News, ET Auto

Bpcl: Indian refiners have been snapping up discounted Russian oil since many other countries imposed sanctions on Moscow after its invasion of Ukraine. The discounts make Russian oil cheaper than similar grades from the Middle East.

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India s BPCL still in talks for Russian oil deal, discounts narrow

Indian refiner Bharat Petroleum Corp is still in talks with Russian oil major Rosneft to buy oil under a term deal, its head of finance said, adding that discounts on Russian oil are narrowing. .

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BPCL still in talks for Russian oil deal, discounts narrow

Bharat Petroleum Corp is continuing discussions with Russias Rosneft to buy oil under a term deal. The refiners head of finance said discounts on Russian oil are narrowing, and if they fall further, there would be no good advantage of taking Russian crude. BPCL is India s second-largest refiner and can use around 30%-40% of Russian oil for its three refineries with combined capacity of 726,000 BPD. Indian refiners have been heavily buying discounted Russian oil after many countries imposed sanctions on Moscow due to its invasion of Ukraine.

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