Hindustan Petroleum Reports Loss of Discounts on Russian Urals Crude from Traders

Deep News07-23 16:52

Hindustan Petroleum Corporation Ltd (BPCL) has stated that it is currently evaluating purchase offers for Russian Urals crude for September loading, but sellers are no longer providing any discount, according to comments made by the company's finance director, V. R. K. Gupta, during an analyst conference call.

The state-owned Indian refiner is expected to finalize its orders for Russian crude for September within the next ten days.

The company's monthly crude import requirement is approximately 3.2 million tonnes, with supply for July and August already secured through multiple channels.

Gupta also noted that following the escalation of the Red Sea conflict, crude shipments transported via that route could face delivery risks.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1177217450?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-23 16:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1177217450","market":"sg","top_or_hot":-1,"title":"Hindustan Petroleum Reports Loss of Discounts on Russian Urals Crude from Traders","media":"Deep News","content":"<p>Hindustan Petroleum Corporation Ltd (<b>BPCL</b>) has stated that it is currently evaluating purchase offers for Russian Urals crude for September loading, but sellers are no longer providing any discount, according to comments made by the company's finance director, V. R. K. Gupta, during an analyst conference call.<br><br>\nThe state-owned Indian refiner is expected to finalize its orders for Russian crude for September within the next ten days.<br><br>\nThe company's monthly crude import requirement is approximately 3.2 million tonnes, with supply for July and August already secured through multiple channels.<br><br>\nGupta also noted that following the escalation of the Red Sea conflict, crude shipments transported via that route could face delivery risks.<br><br></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hindustan Petroleum Reports Loss of Discounts on Russian Urals Crude from Traders</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHindustan Petroleum Reports Loss of Discounts on Russian Urals Crude from Traders\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-07-23 16:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hindustan Petroleum Corporation Ltd (<b>BPCL</b>) has stated that it is currently evaluating purchase offers for Russian Urals crude for September loading, but sellers are no longer providing any discount, according to comments made by the company's finance director, V. R. K. Gupta, during an analyst conference call.<br><br>\nThe state-owned Indian refiner is expected to finalize its orders for Russian crude for September within the next ten days.<br><br>\nThe company's monthly crude import requirement is approximately 3.2 million tonnes, with supply for July and August already secured through multiple channels.<br><br>\nGupta also noted that following the escalation of the Red Sea conflict, crude shipments transported via that route could face delivery risks.<br><br></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DBO","symbol_name":"原油ETF-PowerShares","start_time":0,"source_url":"","article_id":"1177217450","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1177217450","pubTimestamp":1784796738,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Hindustan Petroleum Corporation Ltd (BPCL) has stated that it is currently evaluating purchase offers for Russian Urals crude for September loading, but sellers are no longer providing any discount,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"159019":"石油","DBO":"原油ETF-PowerShares","XOP":"油气开采指数ETF-SPDR S&P","FBZ":"First Trust Brazil AlphaDEX Fund","DBC":"商品指数ETF-PowerShares DB","DBE":"能源商品ETF-PowerShares","UCO":"二倍做多彭博原油ETF","PXE":"Invesco Energy Exploration & Production ETF","IEO":"iShares Dow Jones U.S. Oil & Gas","IXC":"全球能源业ETF-iShares","UGA":"United States Gasoline Fund LP","FLBR":"Franklin FTSE Brazil ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","BK4588":"碎股","OIH":"石油服务ETF","DWT":"三倍做空原油ETN","FAAR":"First Trust Alternative Absolute Return Strategy ETF","VDE":"Vanguard Energy ETF","FTXN":"First Trust Nasdaq Oil & Gas ETF","USO":"美国原油ETF","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares","SCO":"二倍做空彭博原油指数ETF","USE":"USCF Energy Commodity Strategy Absolute Return Fund","USL":"United States 12 Month Oil Fund LP","PXJ":"Invesco Oil & Gas Services ETF","XES":"SPDR S&P Oil & Gas Equipment & Services ETF","OILK":"ProShares K-1 Free Crude Oil ETF","USOI":"ETRACS Crude Oil Shares Covered Call ETN","DIG":"二倍做多美国油气指数","DDG":"ProShares做空石油与天然气ETF","OILT":"Texas Oil Index ETF","BK4585":"ETF&股票定投概念","BK4570":"地缘局势概念股","WTIU":"MICROSECTORS ENERGY 3X LEVERAGED ETN","OILU":"MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN","XLE":"SPDR能源指数ETF","DRLL":"Strive U.S. Energy ETF","ERX":"二倍做多能源ETF-Direxion","BNO":"美国布伦特原油基金有限合伙企业","GUSH":"Direxion Daily S&P Oil &Gas Exp. & Prod. Bull 2X Shares"},"translate_title":"印度斯坦石油公司报告贸易商失去俄罗斯乌拉尔原油折扣","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"159019":1,"VDE":1,"USOI":1,"DDG":1,"BZmain":1,"DUG":1,"FBZ":1,"OILK":1,"USL":1,"CLmain":1,"ERX":1,"DWT":1,"SCO":1,"PXE":1,"XES":1,"FAAR":1,"WTIU":1,"USE":1,"IEO":1,"UGA":1,"OILU":1,"DIG":1,"QMmain":1,"PXJ":1,"DBO":1,"DBC":1,"DBE":1,"BNO":1,"UCO":1,"IXC":1,"XLE":1,"FTXN":1,"GUSH":1,"OILT":1,"XOP":1,"DRLL":1,"FLBR":1,"MCLmain":1,"USO":1,"OIH":1,"DRIP":1},"content_text":"Hindustan Petroleum Corporation Ltd (BPCL) has stated that it is currently evaluating purchase offers for Russian Urals crude for September loading, but sellers are no longer providing any discount, according to comments made by the company's finance director, V. R. K. Gupta, during an analyst conference call.\nThe state-owned Indian refiner is expected to finalize its orders for Russian crude for September within the next ten days.\nThe company's monthly crude import requirement is approximately 3.2 million tonnes, with supply for July and August already secured through multiple channels.\nGupta also noted that following the escalation of the Red Sea conflict, crude shipments transported via that route could face delivery risks.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1177217450","isCrawlerRequest":true}