India & Global Energy News
By Team Newscript,
August 15, 2025
India Energy News – August 15, 2025
Reliance Industries Buys Fuel Oil from HPCL
Reliance Industries Ltd. (RIL), India’s largest private sector refiner, has purchased fuel oil from Hindustan Petroleum Corporation Ltd. (HPCL) for the first time in several years, signalling a shift in domestic petroleum trade patterns. The deal comes against a backdrop of tightening global refined product markets and geopolitical constraints on Russian energy flows, which have disrupted established trade routes.
Traditionally, Reliance has exported fuel oil from its Jamnagar complex, capitalising on overseas demand. The decision to source domestically from HPCL points to a tactical recalibration aimed at optimising refinery margins as export opportunities narr...