OICHARTS
8 AMThe 8 AM report →
EnergyMedium impactPre-market

Reliance Industries purchases 2 million barrels of Venezuelan oil

pre-market1 source ↓written by the desknot a recommendation

of Venezuelan oil
2 million barrels

Reliance Industries has secured a procurement deal for 2 million barrels of Venezuelan oil from Vitol, scheduled for April delivery. This strategic move enhances Reliance's crude oil supply portfolio, ensuring consistent sourcing for its refining operations. The deal underscores the company's commitment to diversifying its crude oil sourcing strategy.

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 6 Feb 2026, 07:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RELIANCE closed +0.5% on the day of the news, from ₹1,443.40 to ₹1,450.80; Nifty +0.2% over the same session; futures OI −0.3%.

Bulletin at 07:06 IST on 6 Feb 2026. Every change is measured from ₹1,443.40, the last close before it, on 5 Feb. Nifty 50 is measured over the same sessions.

  • RELIANCE close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
RELIANCE closes around the bulletin against the close before the news, with Nifty 50 rebased to it134314431544axis spans 15%before the news · 5 Feb1443Nifty 50RELIANCEbulletinD0+1+3+51 Feb11 Feb20 FebFutures open interest, lotspeak 2.3 LReference close ₹1,443.40. 16 sessions from 1 Feb to 20 Feb; the price axis spans 15 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 %
Before5 Feb₹1,443.40basebase
On the day6 Feb₹1,450.80▲ +0.5%▲ +0.2%+0.3 pp difference
+1 session9 Feb₹1,461.60▲ +1.3%▲ +0.9%+0.4 pp difference
+3 sessions11 Feb₹1,468.70▲ +1.8%▲ +1.2%+0.5 pp difference
+5 sessions13 Feb₹1,419.60▼ −1.6%▼ −0.7%−1.0 pp difference
Gap at the open, % · ₹
▼ −0.1%−1.88 on 6 Feb
Day's range, % · ₹
1.3%≈ 19 high to low
Volume on the day
0.57×the 20-session average
Futures OI on the day
▼ −0.3%−700 lots · short covering · price +0.5%
Futures OI open, lots
2.2 L6 Feb · 24 Feb expiry
Futures premium, ₹
+1.40+0.1% to spot
Puts per call, by OI
0.54from 0.57 the session before
Max pain
1,410from 1,400 the session before

Source NSE UDiFF bhavcopy · RELIANCE on the desk →

Thread · RELIANCEAll RELIANCE bulletins →

Related