Archive · 6 Jan 2026
Reliance Denies Russian Oil Shipments to Jamnagar
Reliance Industries, a big company in India, said that news reports about Russian oil ships coming to its Jamnagar refinery are not true.
They explained that they haven't received any Russian oil in the last three weeks and don't expect any in January.
The company was upset because they had already told the news organizations that they weren't buying Russian oil, but the wrong information was still published.
They called the reports 'blatantly untrue' and said it hurt their reputation.
Meanwhile, Reliance's share price fell by 5% after hitting a 52-week high, possibly due to profit booking and concerns over crude oil sourcing.
The company also reported a 9.6% increase in net profit for the second quarter of the financial year.
Reliance Industries denies reports of Russian oil vessels heading to Jamnagar refinery.
No Russian oil received in the past three weeks, and none expected in January.
RIL called the report 'blatantly untrue' and accused media of misleading journalism.
The company expressed disappointment over the publication of the incorrect report.
Bloomberg reported that three tankers carrying Russian crude were signaling Reliance's Jamnagar plant as their next destination, but Reliance denied purchasing the cargoes.
- Who
- Reliance Industries (RIL)
- What
- Denial of Russian oil shipments to Jamnagar refinery and share price drop
- When
- Past three weeks and January 2026
- Where
- Jamnagar refinery, India
- Why
- To clarify and refute misleading reports and market reaction to geopolitical events
Reliance Industries
Bloomberg
Russian Oil Shipments
Reliance Industries
No Russian oil received in the past three weeks and none expected in January.
Bloomberg
Three tankers carrying Russian crude are signaling Reliance's Jamnagar plant as their next destination.
- Company
- Reliance Industries (RIL)
- Refinery Location
- Jamnagar
- Denial
- No Russian oil received in past 3 weeks
- Expected Deliveries
- None in January
- Platform
- X (formerly Twitter)
- Response
- Called report 'blatantly untrue'
- Accusation
- Misleading journalism
- Reporting Source
- Bloomberg
- Data Analytics Firm
- Kpler
- Barrels of Urals
- Nearly 2.2 million
- Share Price Drop
- 5.18%
- 52-Week High
- Rs 1,611.8 per share
- Q2 FY26 Net Profit
- Rs 18,165 crore
- Q2 FY26 Revenue
- Rs 2.55 lakh crore
Sources
‘Blatantly untrue’: Reliance Industries refutes reports of Russian crude vessels en route to its Jamnagar refinery
‘Blatantly Untrue’: Reliance Industries Rejects Claims Of Russian Crude Vessels Heading To Jamnagar
‘Mocking India’: Cong targets PM over Trump remark
'Blatantly untrue': RIL denies reports of Russian crude oil shipments to Jamnagar refinery
Reliance Industries rejects Bloomberg’s claim that 3 tankers with Russian oil are headed to Jamnagar refinery this month
Reliance "Not Expecting" Russian Crude Oil Deliveries In January
Why has RIL plunged 5% a day after hitting a 52-week high
Reliance Industries Shares Slide 5% on Heavy Volumes Amid Russian Oil Uncertainty
Reliance shares fall 5%, company denies report on Russian oil shipments
Sensex, Nifty near day’s low, oil & gas stocks weighs, Reliance, Trent top losers of Nifty 50
Reliance denies receiving Russian oil deliveries in past three weeks
Reliance denies Bloomberg report, says doesn’t expect any Russian crude in January
Reliance Industries denies link between share price fall and Russian Oil purchase reports
RIL stock slides 4.4% after disclosure of no Russian oil cargoes;
RIL shares plunge 4.4% as it closes Russian oil tap for now
