{"publisher":{"name":"MediaBias News","url":"https://mediabias.news","methodology":"https://mediabias.news/methodology","editorialPrinciples":"https://mediabias.news/editorial-principles","corrections":"https://mediabias.news/corrections"},"scoreGuide":{"trust":"How well corroborated and evidenced the source reporting is. 0-100, higher is better.","critic":"Craft quality of the source journalism: context, balance, fact vs comment. 0-100, higher is better.","hype":"How far the source presentation runs ahead of substance. 0-100, LOWER IS BETTER.","scope":"Scores assess the original reporting this article was written from, not the truth of the underlying event and not the quality of this write-up."},"assessmentGuide":{"type":"coverage-and-source-reporting-analysis","factCheck":{"status":"not-performed","note":"Media Bias News compares coverage and scores the source reporting. It does not currently publish a ClaimReview verdict on whether the underlying event or claim is true."},"sourceFactuality":{"note":"Factuality values describe published ratings of the outlets that covered the story. They are not a factuality verdict on this story or its claims."}},"story":{"id":"https://mediabias.news/business/bpcl-to-cut-russian-crude-imports-in-november-as-freight-costs-rise","slug":"bpcl-to-cut-russian-crude-imports-in-november-as-freight-costs-rise","url":"https://mediabias.news/business/bpcl-to-cut-russian-crude-imports-in-november-as-freight-costs-rise","title":"BPCL to cut Russian crude imports in November as freight costs rise","subtitle":"The state‑run refiner says higher shipping fees and cheaper Middle‑Eastern oil will drive a drop in Russian purchases, while planning shutdowns at Mumbai and Kochi refineries later in the year.","excerpt":"Bharat Petroleum Corp Ltd expects its Russian crude imports to fall in November because freight costs have risen and Middle‑Eastern grades are now cheaper. Russian oil made up about 37 % of its supply in the July‑September quarter, and the company will shut down units at its Mumbai and Kochi refineries for maintenance.","category":"Business & Economy","area":"India","publishedAt":"2026-10-26T15:45:40.737Z","sourceReportedAt":"2026-10-26T13:44:26.041Z","updatedAt":"2026-10-26T15:45:40.737Z","readTime":"3 min read","scores":{"trust":76,"critic":95,"hype":12,"notes":{"trust":"Named BPCL finance head and 37% figure with quarter source raise trust to 76.","critic":"Explains cause, quotes exec, gives specific data and future outlook, meeting craft criteria.","hype":"Straightforward language, no sensationalism, score low."}},"tags":["#IndiaEnergy","#BPCL","#RussianCrude","#MiddleEastOil","#RefineryShutdown","#OilFreightCosts"],"entities":["Bharat Petroleum Corp Ltd","Vetsa Ramakrishna Gupta","Mumbai refinery","Kochi refinery","Russian crude","Middle Eastern grades"],"body":[{"type":"key_takeaways","items":["BPCL said its Russian crude imports will drop in November due to higher freight costs and more attractive Middle‑Eastern grades.","Russian oil accounted for about 37 % of BPCL’s sourcing mix in the July‑September quarter.","The company plans a 30‑day shutdown at its Mumbai refinery and a 30‑40‑day maintenance turn‑around at Kochi in the third and fourth quarters.","Left‑leaning coverage highlighted Ukrainian attacks on Russian oil infrastructure as a pressure factor."]},{"type":"paragraph","text":"India’s state‑run Bharat Petroleum Corp Ltd announced that it expects Russian crude purchases to fall in November. The company attributed the decline to higher freight costs and to Middle‑Eastern grades becoming more commercially viable, a view expressed by its head of finance, Vetsa Ramakrishna Gupta, after the quarterly earnings release."},{"type":"paragraph","text":"In the July‑September quarter Russian crude represented roughly 37 % of BPCL’s overall crude sourcing mix. The firm also indicated that the premium on Russian cargoes had narrowed to about $1‑$2 a barrel for December shipments, down from $12‑$13 a barrel in October."},{"type":"paragraph","text":"BPCL warned that refinery runs may moderate later in the year as it carries out a planned 30‑day shutdown of some units at its Mumbai refinery and a 30‑to‑40‑day maintenance turnaround involving units at its Kochi refinery."},{"type":"pullquote","text":"\"Russian volumes in November would be lower because Middle Eastern grades are more commercially viable compared to Russian grades,\" Vetsa Ramakrishna Gupta, BPCL's head of finance, told analysts.","author":"Vetsa Ramakrishna Gupta, head of finance, BPCL"},{"type":"stat_callout","value":"37%","label":"Share of Russian crude in July‑September sourcing mix","subtext":"According to BPCL"},{"type":"heading","text":"What the coverage left out"},{"type":"paragraph","text":"None of the right‑rated digests mention the premium narrowing to $1‑$2 a barrel for December cargoes that the Economic Times report recorded. The left‑rated digest does not refer to freight costs, the 37 % share, or the planned refinery shutdowns."}],"basedOn":[{"sourceName":"Rigzone","url":"https://rigzone.com/news/wire/gulf_oil_bargains_lure_india_away_from_russia-26-oct-2026-184931-article","headline":"Gulf Oil Bargains Lure India Away from Russia","angle":"","publishedAt":"2026-10-26T14:22:58.000Z"},{"sourceName":"EADaily","url":"https://eadaily.com/ru/news/2026/10/26/rossiyskaya-neft-stala-slishkom-dorogoy-dlya-indii","headline":"Russian Oil Has Become Too Expensive for India.","angle":"","publishedAt":"2026-10-26T13:44:26.041Z"},{"sourceName":"Pragativadi: Leading Odia Dailly","url":"https://pragativadi.com/bpcl-russian-crude-oil-imports-and-market-changes","headline":"BPCL Russian Crude Oil Imports to Fall in Nov Over Freight Costs","angle":"","publishedAt":"2026-10-26T13:42:41.000Z"},{"sourceName":"Banker.az","url":"https://banker.az/hindistan-rusiya-neftind%c9%99n-uzaqlasir-iraq-boyuk-endiriml%c9%99r-t%c9%99klif-edir","headline":"India Moves Away From Russian Oil – Iraq Offers Big Discounts","angle":"","publishedAt":"2026-10-26T13:22:13.000Z"},{"sourceName":"Reuters","url":"https://reuters.com/business/energy/indias-bpcl-expects-russian-crude-purchases-fall-november-2026-10-26","headline":"India's BPCL expects Russian crude purchases to fall in November","angle":"","publishedAt":"2026-10-26T13:19:08.955Z"},{"sourceName":"Indian Express","url":"https://indianexpress.com/article/business/bpcl-russian-crude-purchases-november-west-asian-oil-10937649","headline":"Russian crude purchases may fall in November as West Asian oil’s viability improves: BPCL","angle":"","publishedAt":"2026-10-26T12:56:50.000Z"},{"sourceName":"India TV Hindi Hindi","url":"https://indiatv.in/paisa/business/there-is-no-longer-much-benefit-in-buying-crude-oil-from-russia-state-run-oil-company-bpcl-will-reduce-its-purchases-2026-10-26-1251046","headline":"There Is No Longer Much Profit in Buying Crude Oil From Russia, State-Owned Oil Company BPCL Will Reduce Purchases - India TV Hindi","angle":"","publishedAt":"2026-10-26T12:19:05.000Z"},{"sourceName":"The Hindu Business Line","url":"https://thehindubusinessline.com/markets/commodities/bpcl-expects-russian-crude-purchases-to-fall-in-november-as-freight-costs-rise/article71626576.ece","headline":"BPCL shifts to Middle Eastern crude as Russian oil costs rise","angle":"","publishedAt":"2026-10-26T11:51:05.000Z"},{"sourceName":"ABP News","url":"https://abplive.com/business/crude-oil-import-from-russia-to-fall-in-november-reveals-bharat-petroleum-3207045","headline":"Bharat Petroleum's Big Decision, the Company Will Reduce the Purchase of Crude Oil From Russia.","angle":"","publishedAt":"2026-10-26T10:19:32.000Z"},{"sourceName":"Moneycontrol","url":"https://moneycontrol.com/news/business/bpcl-to-sharply-cut-russian-oil-purchases-in-november-as-middle-east-crude-turns-more-attractive-14060198.html","headline":"BPCL to sharply cut Russian oil purchases in November as Middle East crude turns more attractive","angle":"","publishedAt":"2026-10-26T08:25:29.000Z"},{"sourceName":"Times of India","url":"https://economictimes.indiatimes.com/industry/energy/oil-gas/bpcl-expects-russian-crude-purchases-to-fall-in-november/articleshow/135206600.cms","headline":"BPCL expects Russian crude purchases to fall in November","angle":"","publishedAt":"2026-10-26T08:16:00.000Z"},{"sourceName":"The Economic Times","url":"https://m.economictimes.com/industry/energy/oil-gas/bpcl-expects-russian-crude-purchases-to-fall-in-november/articleshow/135206600.cms","headline":"BPCL expects Russian crude purchases to fall in November","angle":"","publishedAt":"2026-10-26T08:16:00.000Z"},{"sourceName":"BizToc","url":"https://biztoc.com/x/2b7da3293a3afa4f","headline":"India's BPCL expects Russian crude purchases to fall in November","angle":"","publishedAt":"2026-10-26T08:04:44.000Z"}],"analysis":{"distribution":{"percent":{"left":13,"centre":24,"right":63},"count":{"left":1,"centre":2,"right":5},"totalSources":13,"untracked":5,"rated":8,"observedAt":"2026-10-26T15:35:35.097Z"},"lifecycle":{"state":"developing","lastCheckedAt":"2026-10-26T16:00:24.342Z","closedAt":null,"checks":1,"changes":0,"reopened":false},"framing":{"left":["The Indian Express digest noted that Ukrainian attacks on Russia’s oil and gas infrastructure are a key reason for pressure on Moscow’s oil exports, linking the expected decline in BPCL’s Russian purchases to the broader geopolitical conflict."],"centre":["The Economic Times full report led on higher freight costs and the growing economic appeal of Middle‑Eastern grades, citing the 37 % share of Russian crude in the recent quarter and the planned refinery shutdowns. 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