India’s state-owned refiner Bharat Petroleum Corporation Limited (BPCL) prepares to issue a tender to buy U.S. WTI crude in four consecutive months this summer, a source with knowledge of the plans told Reuters on Friday. Indian refiners are looking to boost U.S. crude imports to diversify purchases, as the availability of non-sanctioned Russian supply has diminished in recent weeks.
India also aims to increase its imports of energy from the United States as it wants to avoid tariffs which President Donald Trump is announcing or suspending…Indian Refiner BPCL Seeks to Buy U.S. WTI Oil in Four Consecutive Months
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