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Three trade sources said on Wednesday that Indian refiner Mangalore Refining and Petrochemical purchased 1 million barrels of Omani crude oil through tenders. Sources said that the purchase price of this batch of crude oil was about 3 US dollars per barrel higher than the spot contract for Brandt crude oil. One of the sources added that the seller was Mitsui & Co. Energy Trading Singapore. Furthermore, according to sources, India's largest refiner in terms of production capacity, the state-owned Indian Petroleum Company, purchased 4 million barrels of West African crude oil. According to people familiar with the matter, the company purchased Nemba, Saxi Batuque and Clov crude oil from Angola, as well as Djeno crude oil from the Congo. Related companies generally do not comment on commercial transactions.

Zhitongcaijing·08/05/2026 08:25:05
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Three trade sources said on Wednesday that Indian refiner Mangalore Refining and Petrochemical purchased 1 million barrels of Omani crude oil through tenders. Sources said that the purchase price of this batch of crude oil was about 3 US dollars per barrel higher than the spot contract for Brandt crude oil. One of the sources added that the seller was Mitsui & Co. Energy Trading Singapore. Furthermore, according to sources, India's largest refiner in terms of production capacity, the state-owned Indian Petroleum Company, purchased 4 million barrels of West African crude oil. According to people familiar with the matter, the company purchased Nemba, Saxi Batuque and Clov crude oil from Angola, as well as Djeno crude oil from the Congo. Related companies generally do not comment on commercial transactions.