Indian Refiner MRPL Shifts from Russian to Venezuelan Oil Supply

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Indian refiner MRPL is shifting its oil supply from Russia to Venezuela, complying with sanctions and exploring alternative crude imports.

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Market impact analysis based on neutral sentiment with 80% confidence.

المشاعر
Neutral
ثقة الذكاء الاصطناعي
80%
الأفق الزمني
قصير الأجل

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Indian state-run Mangalore Refinery and Petrochemicals Limited (MRPL) is exploring potential purchases of crude from Venezuela after stopping imports of Russian oil, a top official at the refiner said on Monday. “We are in strict compliance with all sanctions in place and currently there is no Russian crude being imported,” MRPL’s head of finance Devendra Kumar said on a call with analysts, as carried by Reuters. Many Indian refiners have either halted or significantly reduced imports of Russian crude oil after the…

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المقال الأصلي منشور بواسطة OilPrice.com في يناير 19, 2026.
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