OICHARTS
8 AMThe 8 AM report →
EnergyManufacturingHigh impactAfter close

Reliance secures US license for Venezuelan oil imports

after close1 source ↓written by the desknot a recommendation

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

• Optimized refining margins expected

• Access to discounted crude oil

• Aligns with Jamnagar refinery configuration

Immediate market implications may include increased investor interest in Reliance's refining capabilities.

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, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

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 16:04 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 →

Thread · RELIANCEAll RELIANCE bulletins →

Related