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BPCL to cut Russian crude imports in November as freight costs rise

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.

AI-assisted coverage comparison, editor-supervised · How this was made

Published
Bharat Petroleum Corp Ltd expects Russian crude purchases to fall in November as higher freight costs and unattractive offers make Middle Eastern grades more economical

What this story says

  • 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.

Who covered it

Left 13%(1)Centre 24%(2)Right 63%(5)

Percentages are shares of the 8 outlets carrying a published leaning rating. 5 of the 13 outlets we know ran this story carry no rating and are not counted in them. Coverage measured .

Trust

76/100

Craft

95/100

Hype

12/100

13 sources · methodology

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.

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.

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.

“"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.”

— Vetsa Ramakrishna Gupta, head of finance, BPCL

37%

Share of Russian crude in July‑September sourcing mix

According to BPCL

What the coverage left out

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.

Still developing. We have re-checked which outlets are covering this 1 time, most recently on 26 Oct 2026, 16:00, and will add the sides that appear.

How each side covered it

Our own reading of the reporting listed below, written from the outlets’ articles rather than quoted from them. The reasoning is set out on our methodology page.

Left

1 rated outlet

  • 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

2 rated outlets

  • 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. Reuters’ digest echoed the freight‑cost and Middle‑East shift narrative.

Right

5 rated outlets

  • Right‑rated digests (Times of India, ABP News, Moneycontrol, The Hindu Business Line, EADaily) all highlighted the rise in freight costs making Russian oil expensive and the resulting shift toward Middle‑Eastern supplies. Several noted that refinery operations may slow because of planned maintenance, and Moneycontrol mentioned the 37 % Russian share.

Questions about this coverage

How did the left and right cover BPCL to cut Russian crude imports in November as freight costs rise?
Of the 8 outlets on this story carrying a published leaning rating, 13% are rated left, 24% are rated centre, 63% are rated right. Those percentages are shares of the rated outlets, not of every outlet that ran it, which was 13. The sections above set out what each side emphasised, in its own terms.
Is BPCL to cut Russian crude imports in November as freight costs rise left or right?
Too few of the outlets on this story carry a published leaning rating to say. 8 of them do, and this site does not characterise a field under 12: at that size one newsroom filing moves the share by ten points. The percentages above are the count as it stands.
Is the coverage of BPCL to cut Russian crude imports in November as freight costs rise biased?
BPCL to cut Russian crude imports in November as freight costs rise is one event reported by 13 outlets, and this page does not rate the story as biased or unbiased. What it publishes is the spread: which outlets ran it, where named rating organisations place each of them on the spectrum, and what each side chose to lead with. A leaning rating describes an outlet's record over time, not this article, and the two should not be run together.
Which outlets covered BPCL to cut Russian crude imports in November as freight costs rise?
13 that we know of, every one of them listed further up this page with a link to its own report and to what we hold on the publisher. Nothing here is a summary of somebody else's summary: the outlets are named so the original reporting can be read.
Why is BPCL reducing its Russian crude purchases in November?
BPCL says higher freight costs for tankers and the better price competitiveness of Middle‑Eastern grades are making Russian oil less attractive, so it will cut Russian imports for the month.
What share of BPCL’s crude supply came from Russia in the July‑September quarter?
Russian crude accounted for about 37 % of BPCL’s total crude sourcing mix during the July‑September quarter, according to the company’s statements.
How will the planned shutdowns affect BPCL’s refining capacity?
BPCL plans a 30‑day shutdown of units at its Mumbai refinery and a 30‑to‑40‑day maintenance turnaround at its Kochi refinery, which will moderate refinery runs in the third and fourth quarters.
Which outlets highlighted geopolitical factors behind the decline?
The Indian Express digest emphasized that Ukrainian attacks on Russia’s oil and gas infrastructure are a key pressure factor on Moscow’s oil exports, linking it to BPCL’s reduced Russian purchases.

Read it at the source

13 outlets, grouped by the leaning a published rating gives them. Every headline links to the original; an underlined outlet name opens our profile of that publisher.

Left

1

Centre

2

Right

5

Not rated

5

How did this read?

About the coverage, not about the story. We do not ask whether you agree with what happened — we have no honest use for that answer.

BPCL cuts Russian crude imports | MediaBias News