India’s state-owned refiner Bharat Petroleum Corporation Limited (BPCL) is in advanced talks with Rosneft to buy nearly 44 million barrels of cheap Russian crude priced off the Dubai benchmark, Reuters reported on Friday, quoting sources with direct knowledge of the discussions. The talks between BPCL and India’s now-top crude supplier, Russia, have progressed to an advanced stage with details including terms of payment being hashed out, according to Reuters’ sources.
The crude that Rosneft is expected…Indian Refiner Could Buy Russian Crude Priced Off Dubai Benchmark
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