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Bharat Petroleum reviewing oil imports daily, spot buying more amid Iran war, chairman says
India's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting its import strategy. The state-run refiner is running at 115% capacity, with Russian oil discounts narrowing significantly. Despite recent price hikes, BPCL continues to face losses on diesel and petrol sales.
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thedailystar.net
India hikes fuel prices as war strains supplies
India’s state-run oil companies raised petrol and diesel prices by more than three percent on Friday as disruption to energy supplies due to the Iran war mounts pressure on the…
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dawn.com
Indian retailers raise fuel prices again in response to Iran war
Sujata Sharma, a joint secretary in the oil ministry, says state fuel retailers have been losing 7.5 billion Indian rupees daily.
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economictimes.indiatimes.com
Bharat Petroleum reviewing oil imports daily, spot buying more amid Iran war, chairman says
India's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting its import strategy. The state-run refiner…
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newsbytesapp.com
BPCL now imports 41% of its oil from Russia
Amid Gulf supply disruptions due to the West Asia war, BPCL increased Russian crude oil imports to 41%, securing its supply needs until July, says finance director VRK Gupta.
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thehindu.com
Bharat Petroleum hikes Russia’s share in crude oil purchases to 41% in bid to fill supply gaps
Bharat Petroleum boosts Russian crude oil purchases to 41%, up from 31%, to address supply gaps amid market changes.