Mangalore Refinery and Petrochemicals Ltd. said its broader crude procurement strategy helped it handle geopolitical disruptions in FY26. By widening its supplier base and buying a larger mix of crude varieties, the company strengthened the stability of its feedstock flows at a time when global energy markets remained vulnerable to external shocks.
According to the company, MRPL sourced 273 grades of crude from across the world. That approach reduced dependence on a narrower set of origins and gave the refiner more flexibility when trade routes, regional tensions or supply conditions changed.
The diversification effort also supported refinery operations by improving resilience in processing and planning. A wider crude basket can help refiners adjust more quickly to changing market conditions, manage risks tied to specific geographies and maintain operational continuity when disruptions affect traditional supply channels.
MRPL indicated that this strategy not only improved supply security but also contributed to higher refining margins in FY26. The development highlights how Indian refiners are increasingly relying on flexible sourcing models to protect operations and improve financial performance in a volatile global oil environment.
