Indian Refiners Buying Oil From These Nations To Cut Middle East Reliance

Refiners in the third-biggest oil importer are snapping up more cargoes from outside the Middle East after the government urged them to diversify suppliers with the OPEC+ alliance keeping a tight rein on output. Local processors are adding new grades and lifting more U.S. oil to pare their reliance on the Middle East, the nation's traditional supplier. HPCL-Mittal Energy became the first Indian buyer of Guyanese oil, while Mangalore ...