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The Economic Times

Economy / The Economic Times

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Indian refiners buy Middle East and West African crude, sources say

Indian refiners have stepped up crude oil purchases, with Mangalore Refinery and Petrochemicals buying 1 million barrels of Oman crude through a tender, according to trade sources. The cargo was purchased at a premium of about $3 a barrel over dated Brent, with Mitsui & Co Energy Trading Singapore identified as the seller.

5 Aug 2026 2:02 pm