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EnergyManufacturingHigh impactPre-market

Reliance secures US licence for Venezuelan oil imports

pre-market1 source ↓written by the desknot a recommendation

Reliance Industries Limited has obtained a US general licence to import Venezuelan crude oil, enhancing its refining margins. This move allows the company to purchase discounted heavy feedstock suitable for its Jamnagar refinery, the world's largest single-site refining complex. The easing of US sanctions on Venezuela's energy sector further facilitates this import strategy, potentially boosting Reliance's profitability in the refining segment.

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 14 Feb 2026, 07:08 IST.

Sourcesnews.google.com

The market after the news

RELIANCE closed +1.2% on the day of the news, from ₹1,419.60 to ₹1,437.10; Nifty +0.8% over the same session; futures OI −0.2%.

Bulletin at 07:08 IST on 14 Feb 2026. Every change is measured from ₹1,419.60, the last close before it, on 13 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 it132114201518axis spans 15%before the news · 13 Feb1420Nifty 50RELIANCEbulletinD0+1+3+59 Feb19 Feb2 MarFutures open interest, lotspeak 2.3 LReference close ₹1,419.60. 16 sessions from 9 Feb to 2 Mar; 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 %
Before13 Feb₹1,419.60basebase
On the day16 Feb₹1,437.10▲ +1.2%▲ +0.8%+0.4 pp difference
+1 session17 Feb₹1,423.00▲ +0.2%▲ +1.0%−0.8 pp difference
+3 sessions19 Feb₹1,409.50▼ −0.7%▼ −0.1%−0.6 pp difference
+5 sessions23 Feb₹1,428.00▲ +0.6%▲ +0.9%−0.4 pp difference
Gap at the open, % · ₹
0.0%+0.57 on 16 Feb
Day's range, % · ₹
2.1%≈ 30 high to low
Volume on the day
0.44×the 20-session average
Futures OI on the day
▼ −0.2%−510 lots · short covering · price +1.2%
Futures OI open, lots
2.2 L16 Feb · 24 Feb expiry
Futures premium, ₹
+1.50+0.1% to spot
Puts per call, by OI
0.51from 0.51 the session before
Max pain
1,420from 1,420 the session before

Source NSE UDiFF bhavcopy · RELIANCE on the desk →

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