Bharat Petroleum Corp has awarded Glencore a tender for 10 million barrels of U.S. oil, boosting India’s energy ties with the U.S. This deal, delivering 2 million barrels of WTI Midland crude monthly, supports India’s efforts to reduce its trade surplus with the U.S. and fulfill pledges made during Prime Minister Modi’s visit to increase U.S. energy purchases.
Bharat Petroleum said to have bought 10 million barrels of US oil via 5-month tender
