tradingkey.logo

India BPCL buys 10 million barrels of US oil via 5-mth tender, sources say

ReutersAug 14, 2025 11:43 AM

By Nidhi Verma

- India's state-run Bharat Petroleum Corp BPCL.NS has awarded a five-month tender to buy 10 million barrels of U.S. oil to European trader Glencore, two people with knowledge of the matter said, aiding India's efforts to deepen energy ties with Washington.

India, the world’s third-largest oil importer, is increasing imports from the United States amid ongoing trade negotiations.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

Tradingkey
KeyAI