BPCL Forecasts Lower Russian Crude Imports in November
Bharat Petroleum Corp Ltd expects a decline in Russian crude oil imports in November due to rising freight costs. The company finds Middle Eastern oil grades more cost-effective compared to Russian grades. BPCL also anticipates slower refinery operations in upcoming quarters because of planned maintenance. Russian crude made up about 37% of BPCL's sourcing mix last quarter.
Economic Times·




