Saudi Arabia & Hindustan Petroleum
10 shared events · Importance 4 · Last updated Jul 02, 2026
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Domestic
Saudi Arabia: Saudi Arabia sets the Saudi Contract Price (CP), which is the global benchmark for LPG and directly influences India's import costs.
Hindustan Petroleum: Hindustan Petroleum>>> is among the state-owned fuel retailers that are experiencing considerable losses due to the disparity between elevated global energy costs and the subsidized prices at which they sell domestic LPG, petrol, and diesel.
Jun 06, 2026 · 78 articles
Business
Saudi Arabia: Saudi Arabia slashed August crude oil prices for Asia by $11 per barrel, a record cut, improving supply conditions and supporting the rupee.
Hindustan Petroleum: HPCL placed tenders to buy 7 million barrels of crude, similar to Indian Oil, contributing to US dollar demand.
Jun 25, 2026 · 31 articles
International
Saudi Arabia: Saudi Arabia has been targeted by Houthi threats and Iranian attacks, but continues oil exports via Red Sea ports.
Hindustan Petroleum: Hindustan Petroleum is among Indian refiners planning to reduce dependence on Middle East oil.
Apr 20, 2026 · 709 articles
Domestic
Saudi Arabia: Saudi Arabia is mentioned as a Gulf producer that directly subsidizes fuel, contrasting with India's approach.
Hindustan Petroleum: Hindustan Petroleum>>>, a state-owned fuel retailer, has increased fuel prices to recoup losses driven by higher crude costs due to geopolitical tensions. Its shares rose after the price hikes.
May 19, 2026 · 125 articles
International
Saudi Arabia: Saudi Arabia imported €328 million of Russian oil products, ranking fifth among buyers in December.
Hindustan Petroleum: Hindustan Petroleum Ltd (HPCL) is one of the Indian refiners that halted or cut imports of Russian oil due to U.S. sanctions.
Jan 13, 2026 · 10 articles
International
Hindustan Petroleum: Hindustan Petroleum Ltd (HPCL) has halted imports of Russian oil from sanctioned entities due to US sanctions.
Nov 28, 2025 · 7 articles
International
Hindustan Petroleum: Hindustan Petroleum is scheduled to announce its quarterly earnings, which will drive stock-specific action.
May 19, 2026 · 35 articles
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