Bharat Petroleum to receive first Iraqi oil cargo in days
Bharat Petroleum says its first Iraqi oil cargo of the fiscal year will arrive within days after securing a vessel to carry crude to Fujairah for ship-to-ship transfer. The company needs about 2 million barrels monthly and may buy more from Gulf suppliers if vessels are available. It is also considering lifts inside the Strait of Hormuz if insurance and demurrage remain commercially viable.