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EnergyMedium impactPre-market

Indian refiners increase crude oil imports from Venezuela

pre-market1 source ↓written by the desknot a recommendation

by April
6 million barrels

Indian refiners are shifting their crude oil sourcing, with BPCL and HMEL purchasing one million barrels each of Venezuela’s Merey crude. This marks BPCL's first purchase from Venezuela, while HMEL returns after a two-year hiatus. The move aims to diversify India's crude oil imports, expected to reach 6 million barrels by April.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 20 Feb 2026, 07:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BPCL closed −0.4% on the day of the news, from ₹367.65 to ₹366.30; Nifty +0.5% over the same session; futures OI +2.1%.

Bulletin at 07:07 IST on 20 Feb 2026. Every change is measured from ₹367.65, the last close before it, on 19 Feb. Nifty 50 is measured over the same sessions.

  • BPCL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BPCL closes around the bulletin against the close before the news, with Nifty 50 rebased to it331.15366.90402.65axis spans 22%before the news · 19 Feb367.65Nifty 50BPCLbulletinD0+1+3+513 Feb25 Feb9 MarFutures open interest, lotspeak 22,000Reference close ₹367.65. 16 sessions from 13 Feb to 9 Mar; the price axis spans 22 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before19 Feb₹367.65basebase
On the day20 Feb₹366.30▼ −0.4%▲ +0.5%−0.8 pp difference
+1 session23 Feb₹372.10▲ +1.2%▲ +1.0%+0.2 pp difference
+3 sessions25 Feb₹381.05▲ +3.6%▲ +0.1%+3.5 pp difference
+5 sessions27 Feb₹385.40▲ +4.8%▼ −1.1%+5.9 pp difference
Gap at the open, % · ₹
▼ −0.8%−2.79 on 20 Feb
Day's range, % · ₹
1.5%≈ 5.6 high to low
Volume on the day
0.94×the 20-session average
Futures OI on the day
▲ +2.1%+400 lots · short build-up · price −0.4%
Futures OI open, lots
19,00020 Feb · 24 Feb expiry
Futures premium, ₹
−0.50−0.1% to spot
Puts per call, by OI
0.80from 0.83 the session before
Max pain
370from 370 the session before

Source NSE UDiFF bhavcopy · BPCL on the desk →

Thread · BPCLAll BPCL bulletins →

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