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

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

The refiners had halted purchases in July due to narrowed discounts

August 21, 2025 / 10:36 IST
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Representative image
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.

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This is a developing story

Reuters
first published: Aug 20, 2025 10:52 am

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