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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...
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 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...
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...
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...
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...
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...
- OPEC basket price rose more to $72.86
OPEC's reference crude oil basket price rose further to $72.86 a barrel on Thursday from $71.15 the previous day.