India's HPCL, MRPL buy 5 million barrels U.S., Mideast oil, sources say

Mangalore Refinery and Petrochemicals

10/11/2025 06:13

NEW DELHI, Nov 10 (Reuters) - Two Indian state refiners have purchased 5 million barrels of crude oil from spot markets via tenders as they continue to scout for alternatives to Russian supplies, trade sources said.

Hindustan Petroleum Corp HPCL.NS has bought 2 million barrels each of U.S. West Texas Intermediate crude and Abu Dhabi's Murban crude for January arrival, they said.

Mangalore Refinery and Petrochemicals Ltd MRPL.NS has bought one million barrels of Basra Medium crude for January 1-7 delivery, they said.

The identity of the sellers and pricing details were not immediately known.

 (Reporting by Nidhi Verma in New Delhi, and Siyi Liu and Florence Tan in Singapore; Editing by Tom Hogue)

 ((Florence.Tan@thomsonreuters.com;))