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India looks to Gulf for oil to replace Russian supply: Report | Business and Economy News

State-run BPCL also intends to draw from its inventories to make up for any shortfall of Russian oil, Reuters said.State-run Indian refiner Bharat Pet ....

United States , Vladimir Putin , Bharat Petroleum Corp , Indian Oil Corp , State Run Indian , Middle Eastern , Russian Urals , President Vladimir Putin , State Bank ,

BPCL seeks extra Gulf oil, fearing Russian supply hit

State-run Indian refiner Bharat Petroleum CorpĀ is seeking extra oil from Middle Eastern producers for April, fearing Western sanctions against Russia could hit deliveries of Urals crude, a source familiar with the matter said. BPCL, India second biggest state refiner, on an average buys two million barrels of Russian Urals every month on a delivered basis, where the seller ....

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