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FX Daily Updates
India's BPCL to issue spot crude tender as replacement for Russian oil, source says
georgemiller
Publish Date: Tue, 28 Oct 2025, 06:54 AM

HYDERABAD, India, Oct 28 (Reuters) - India's Bharat Petroleum Corporation Ltd (BPCL) (BPCL.NS) , opens new tab will issue a spot crude purchase tender in 7-10 days as a replacement for Russian oil, a source familiar with the matter said on Tuesday.
The source said BPCL will buy Russian oil only if it is supplied by non-sanctioned entities.
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https://www.reuters.com/business/energy/indias-bpcl-issue-spot-crude-tender-replacement-russian-oil-source-says-2025-10-28/