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Bharat Petroleum, HPCL Mittal buy Venezuelan oil amid crude sourcing shift

February 19, 2026 at 01:57 AM
By Business Standard India
Bharat Petroleum, HPCL Mittal buy Venezuelan oil amid crude sourcing shift
The crude was bought in two separate deals and will be co-loaded on a very large crude carrier to cut shipping costs, lifting India's Venezuelan imports to at least 6 million barrels through April

Analysis & Context

The crude was bought in two separate deals and will be co-loaded on a very large crude carrier to cut shipping costs, lifting India's Venezuelan imports to at least 6 million barrels through April Bharat Petroleum, HPCL Mittal buy Venezuelan oil amid crude sourcing shift. Stay informed with the latest developments and expert analysis on this important story.

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