India’s Bharat Petroleum Corp. Ltd. has largely shifted to making spot crude purchases as the Iran war upends annual arrangements for Middle Eastern barrels, highlighting challenges for refiners to secure supplies. For the full story, visit the source.
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BPCL Turns to Spot Crude as Iran Conflict Disrupts Term Supplies
India’s Bharat Petroleum Corp. Ltd. has largely shifted to making spot crude purchases as the Iran war upends annual arrangements for Middle Eastern barrels, highlighting challenges for refiners to secure supplies.
By Bloomberg News· Financial Post· 10 days ago· 2 min read
This summary is sourced from Financial Post. Read the full article at:Financial Post