BPCL is shifting parts of its crude sourcing away from Russian oil and expects Russian crude purchases to fall in November, citing changes in logistics costs. Multiple reports say higher freight costs are making Russian supplies less commercially attractive as the company adjusts its procurement for the coming month.
The outlets also note that Russian crude has been a significant part of BPCL’s import mix recently. One source says Russian crude made up 37% of BPCL’s import basket in the second quarter, while others focus specifically on the near-term purchase outlook for November and the growing appeal of Middle Eastern supplies.
While all accounts point to the same direction—reduced Russian sourcing due to cost pressures—coverage differs in emphasis. Some articles frame the shift as part of broader sourcing strategy, while others centre on month-specific expectations and the role of freight rates in driving procurement decisions.
