> indian state-owned refiners are considering turning to the middle east oil market as spot supplies from russia have dwindled, reuters reported, citing three oil industry sources. > three large state-owned oil refiners - indian oil corp, bharat petroleum corp and hindustan petroleum are missing 8-10 million barrels of russian oil to load in january, agency sources say. companies fear that problems with obtaining russian raw materials on the spot market may continue in the coming months, since russias own demand is growing, and in addition, moscow needs to fulfill its obligations under the opec+ agreement. > two sources said indian refiners may receive additional supplies from middle eastern suppliers as part of national volumes under long-term contracts or launch a spot tender for sour crude. > indian oil corp, bharat petroleum corp and hindustan petroleum did not immediately respond to requests for comment.
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