Bharat Petroleum Corporation Limited (BPCL) has clarified a news item regarding a crude oil supply agreement with Trafigura. The company stated that the agreement, signed on January 27, 2026, is part of the normal course of business. BPCL emphasized that it does not consider this agreement to be the cause of price movements in BPCL shares.
Trafigura Agreement Clarification
Bharat Petroleum Corporation Limited (BPCL) addressed concerns about a news item related to a crude oil supply agreement with Trafigura, which appeared on January 30, 2026. BPCL confirmed the existence of the agreement.
Agreement Details
BPCL clarified that the crude oil supply agreement with Trafigura, signed on January 27, 2026, is a routine business operation. The company does not believe this agreement is the source of share price fluctuations. There was no need to inform the stock exchanges, as the agreement is within the normal scope of business.
Impact on Company
BPCL declared there is no material impact of this article on the company.
Source: BSE
