MRPL secures Murban crude for January as it avoids Russian oil, expanding alternative supplies amid sanctions targeting major Russian producers.

• The refiner purchased two million Murban barrels via tender from BP while price details remain undisclosed, according to trade sources.
• MRPL recently secured one million Basra Medium barrels for early January delivery, signaling diversification of crude sourcing strategies for stability.
• Indian refiners seek wider supply options after U.S. sanctions on Rosneft and Lukoil increased pressure on Russia’s leadership regarding Ukraine.