Indian state-run refiner Bharat Petroleum Corporation Limited (BPCL) has awarded tenders to buy Iraqi and Omani crude on the spot market, as India’s refiners are raising supply of crude from the Middle East to offset in part the volumes they lost from Russia following the U.S. sanctions. BPCL has awarded one-year tenders to buy Iraq’s Basrah Medium and Oman crude to global commodity trader Trafigura, refining and trade sources told Reuters on Wednesday. Additionally, BPCL is scouring the market for spot cargoes of Murban…
