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EU SANCTIONS ON VENEZUELA
India will continue to buy oil from countries where it is cheap, of best quality: Govt to Parliament panelIndia will prioritize importing crude oil from affordable and high-quality sources. The government informed a parliamentary panel about thi...- Reliance's EU exports in limbo as Russian crude rules sow confusion: NomuraReliance’s refined product exports to Europe face rising uncertainty as EU rules on Russian crude create compliance confusion. Tanker diver...
- Oil tanker rates to stay strong into 2026 as sanctions remove ships for hireDaily oil shipping rates have surged to three-year highs, driven by strong demand and a shrinking supply of available vessels. Nearly 44% o...
- Russian Oil exports drop sharply in November as sanctions concerns weigh on buyers: IEARussian oil exports significantly declined in November due to buyer caution over stricter US sanctions, leading to a substantial drop in Mo...
- The US 25% levy on India is certainly not to ‘make it harder for the Russians’The US is set to impose tariffs on India, raising questions about its strategy to pressure Russia. Despite sanctioning Iran and Venezuela, ...
- Nicolás Maduro found after Pam Bondi’s $50 million bounty announcement, ‘He’s in Venezuela,’ mocking Trump administration trendsPam Bondi, the U.S. Attorney General, doubled the reward for Nicolas Maduro's arrest. The reward is now fifty million dollars. Maduro is ac...
- Oil steady after big gains on Trump's Russia ultimatumOil prices saw a slight increase on Wednesday. This followed a rise of over 3% previously. Donald Trump gave Russia a deadline to end the w...
- Oil prices climb on US-EU trade optimism, Russian gasoline cutsOil prices experienced a rise on Friday, fueled by optimism surrounding a potential trade agreement between the U.S. and the European Union...
- Oil prices inch up as US bans Chevron from exporting Venezuelan crudeBrent crude futures rose 47 cents, or 0.73%, to $64.56 a barrel by 0028 GMT, while U.S. West Texas Intermediate crude gained 49 cents, or a...
- How an election-packed 2024 is shaping up for world marketsVoters in India, meanwhile, will cast ballots later this month, with self-styled strongman Narendra Modi expected to win a third term as pr...
- Jaishankar questions EU's pretensions on Russian oilExternal Affairs Minister S Jaishankar has schooled the European Union after its foreign policy chief Joseph Borrell asked the trading bloc...
- Russia biggest oil supplier to India for 2nd month runningRussia supplied 909,400 barrels per day (bpd) of crude in November, making up 21% of the country's total imports of 4.29 million bpd, accor...
- Russian oil price cap, EU ban aim to limit Kremlin war chestThe EU ban on Russian oil moving by sea is "by far the biggest step to date to cut off the fossil fuel export revenue that is funding and e...
- Venezuelan government, opposition reach agreement to establish humanitarian fund for resolving political crisisVenezuela's debt to Chevron will be paid off with the proceeds from selling electricity. Food and medicine were scarce as a result of the h...
- Oil falls as supply-disruption fears ease amid Russian price cap talksOil prices also came under downward pressure after the Energy Information Administration (EIA) said on Wednesday that U.S. gasoline and dis...
- If prices stay high, consumers will have to pay more: MK Surana, HPCLThere is no reason for crude oil to spike since there are enough global inventory.
- Five events that shook world economy in 2016The wild swings in global financial markets due to China's market crash proved beyond doubt that China now plays a bigger role in the funct...
- Five events that shook world economy in 2016From the Chinese markets crash to OPEC oil cut, several events impacted the world economy in 2016.
- OPEC oil production up to record levels in Feb since 2008Crude oil production by the OPEC group rose by 4 lakh barrels per day to reach 31.27 million b/d in February as compared to January.
- EU wants India, China to join Iran oil embargoAs European Union readies its oil embargo plan against Iran, EU countries have asked India and China, to join the embargo.
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