Bharat Petroleum, HMEL turn to Venezuelan crude as India reduces Russian oil purchases: Report

India's BPCL and HMEL have each acquired one million barrels of Venezuelan crude, marking significant new imports for the nation. This move, facilitated by trader Vitol, boosts India's Venezuelan oil ...
Reuters

India's Bharat Petroleum, HPCL Mittal buy Venezuelan oil, sources say

NEW YORK/NEW DELHI, Feb 18 (Reuters) - India's state-run Bharat Petroleum Corp (BPCL.NS), opens new tab has made its first-ever purchase of Venezuelan oil, and private refiner HPCL Mittal Energy Ltd ...
Crude Oil Prices

HPCL-Mittal Energy Becomes First Indian Refiner to Halt Russian Oil Imports

Refiner HPCL-Mittal Energy Ltd (HMEL) has become the first Indian oil company to suspend Russian crude purchases following new U.S., U.K., and E.U. sanctions targeting Moscow’s oil majors Rosneft and ...
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Cheaper Venezuelan crude may benefit limited Indian private refiners

A stabilisation of Venezuela’s oil sector could allow limited volumes of discounted heavy crude to return to India’s import basket, though the gains would mainly be for a few refiners, largely in the ...