Indian state refiners HPCL, MRPL buy 5 million barrels of US, Mideast oil: Report

Two Indian state refiners have purchased 5 million barrels of crude oil from spot markets via tenders as they continue to scout for alternatives to Russian supplies, trade sources said.

Hindustan Petroleum Corp has bought 2 million barrels each of U.S. West Texas Intermediate crude and Abu Dhabi’s Murban crude for January arrival, they said.

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