Indian Oil, BPCL resume buying Russian oil for September as discounts widen: Report

The refiners had halted purchases in July due to narrowed discounts

Reuters

August 21, 2025 / 10:36 IST

Representative image

Indian state-run refiners Indian Oil and Bharat Petroleum have resumed the purchase of Russian flagship grade Urals for September delivery as discounts widened to about $3 per barrel and as China raised purchases, officials at the refiners who are aware of the matter said.

The refiners had halted purchases in July due to narrowed discounts.

This is a developing story

Reuters

first published: Aug 20, 2025 10:52 am

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