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EnergyPre-market

Indian Oil resumes Russian oil purchases amid U.S. sanctions

pre-market1 source ↓written by the desknot a recommendation

for December delivery
5 shipments
of ESPO crude
3.5 million barrels

India’s largest state-run refiner Indian Oil Corp has resumed buying Russian crude, acquiring 5 shipments for December delivery, including 3.5 million barrels of ESPO crude. This follows a brief pause due to U.S. sanctions on Russian oil producers. The move highlights ongoing tensions between U.S. policy and India's energy needs.

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 1 Nov 2025, 07:12 IST.

Sourcesnews.google.com

The market after the news

IOC closed +1.1% on the day of the news, from ₹165.90 to ₹167.73; Nifty +0.2% over the same session; futures OI −3.2%.

Bulletin at 07:12 IST on 1 Nov 2025. Every change is measured from ₹165.90, the last close before it, on 31 Oct. Nifty 50 is measured over the same sessions.

  • IOC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
IOC closes around the bulletin against the close before the news, with Nifty 50 rebased to it152.03165.90179.77axis spans 18%before the news · 31 Oct165.90Nifty 50IOCbulletinD0+1+3+527 Oct7 Nov18 NovFutures open interest, lotspeak 27,000Reference close ₹165.90. 16 sessions from 27 Oct to 18 Nov; the price axis spans 18 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 %
Before31 Oct₹165.90basebase
On the day3 Nov₹167.73▲ +1.1%▲ +0.2%+0.9 pp difference
+1 session4 Nov₹169.25▲ +2.0%▼ −0.5%+2.5 pp difference
+3 sessions7 Nov₹169.16▲ +2.0%▼ −0.9%+2.9 pp difference
+5 sessions11 Nov₹172.44▲ +3.9%▼ −0.1%+4.0 pp difference
Gap at the open, % · ₹
▲ +0.7%+1.09 on 3 Nov
Day's range, % · ₹
1.7%≈ 2.8 high to low
Volume on the day
1.26×the 20-session average
Futures OI on the day
▼ −3.2%−710 lots · short covering · price +1.1%
Futures OI open, lots
21,0003 Nov · 25 Nov expiry
Futures premium, ₹
+0.61+0.4% to spot
Puts per call, by OI
1.08from 0.97 the session before
Max pain
161from 160 the session before

Source NSE UDiFF bhavcopy · IOC on the desk →

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