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MEREY CRUDE
Chevron sells oil to Reliance for first time since 2023 as Venezuela readies larger cargoes for exportUS oil giant Chevron has made its first sale of Venezuelan crude oil to India's Reliance Industries. This marks the first time in about six...- Bharat Petroleum, HPCL Mittal buy Venezuelan oil, sources sayIndian refiners Bharat Petroleum and HMEL have bought Venezuelan crude oil. This marks Bharat Petroleum's first purchase and HMEL's first i...
- Indian Oil, HPCL buy Venezuelan oil through traderIndian refiners Indian Oil Corporation and Hindustan Petroleum Corporation have secured two million barrels of Venezuelan crude. This marks...
- Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery: ReportGlobal commodity traders Vitol and Trafigura are in discussions with Indian and Chinese refiners for Venezuelan crude oil sales, with deliv...
- Reliance Industries in talks for US permit to buy Venezuelan oil: ReportReliance Industries is seeking United States approval to resume buying Venezuelan crude oil. This move comes as India faces pressure to red...
- RIL shares in spotlight as firm evaluates Venezuelan crude purchasesReliance Industries shares are expected to gain attention. The company may buy Venezuelan crude oil. This depends on US regulations. India'...
- Reliance Industries will consider buying Venezuelan oilReliance Industries, operator of the world's largest refining complex, is open to purchasing Venezuelan oil. The company awaits clarity on ...
- Trump’s Venezuela oil grab is pushing Chinese refiners to CanadaChina's refiners, facing a cutoff from Venezuelan crude due to US actions, are now exploring pricier Canadian oil. Inquiries for Canadian s...
- Oil jumps as Trump orders blockade of sanctioned oil tankers leaving, entering VenezuelaOil prices surged Wednesday following President Trump's order for a complete blockade of sanctioned Venezuelan oil tankers. This move, aime...
- Venezuela forced to double discount on oil to Asia due to flood of sanctioned crudeAsian buyers are seeking significant price cuts for Venezuelan oil. This is driven by a surplus of sanctioned crude from Russia and Iran. I...
- US seizes largest oil tanker off Venezuela coast—here's how oil prices and international relations will be impactedAmerica has seized a large oil tanker near Venezuela. President Donald Trump confirmed the action. This move escalates tensions with Caraca...
- Reliance Industries shares in focus as company halts Venezuelan crude purchases after Trump's 25% tariffReliance Industries shares: India’s largest privately owned refiner is set to receive a cargo of Merey crude currently en route from Venezu...
- India's Reliance to stop buying Venezuelan oil over US tariffs, sources sayIndia's Reliance Industries, operating the largest refining complex globally, will stop importing Venezuelan oil due to a new 25% U.S. tari...
- Reliance pauses buying of Venezuelan oil after Trump 25% tariffReliance Industries Ltd. has halted further purchases of Venezuelan crude following US President Donald Trump's 25% tariff on nations buyin...
- Venezuela oil import: Trump's new trade tariff twist may shake up India's cost game, China not sparedOil Import Tariffs: US President Donald Trump said they will impose 25% tariff on oil and gas imports targeting countries buying Venezuelan...
- MRPL Q3 Results: Net profit drops 21% YoY to Rs 309 croreMangalore Refinery and Petrochemicals Ltd (MRPL) on Monday reported a 21 per cent drop in its third-quarter net profit as revenues slid, ne...
- Reliance Industries shares in focus as oil swap with Venezuela resumes under U.S. licenseReliance Industries and Venezuela's PDVSA restarted oil swaps after a US license. A supertanker delivered Venezuelan crude to India. Relian...
- PDVSA and Reliance resume oil swap under US license, document showsVenezuela's PDVSA and India's Reliance Industries have restarted an oil swap deal after a pause due to U.S. sanctions. A U.S. license grant...
- In oil markets, it's back to 1998 crisis pricingMost are offloading their oil for below $20 a barrel as the coronavirus pandemic savages demand.
- OPEC basket price rose more to $72.86OPEC's reference crude oil basket price rose further to $72.86 a barrel on Thursday from $71.15 the previous day.
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