Trump administration weighs US ownership stake in Venezuela’s vast oil reserves: ReportThe Trump administration is discussing a potential US ownership stake in Venezuela’s oil industry, Axios reported, covering more than a doz...
28 Aug, 2026, 06.10 AM IST
Oil shock could outlast conflictsGlobal oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts...
26 Aug, 2026, 11.03 PM IST
Global economy in tug-of-war between oil shock and AI boom: IMF chiefThe global economy is weathering an oil shock better than feared. An investment boom in artificial intelligence is now a growth engine. Dra...
26 Aug, 2026, 12.39 PM IST
ONGC plans $200 million investment to revive Venezuela oilfieldONGC plans a $200 million investment to revive Venezuela's San Cristobal oilfield. The company secured a US license for continued operation...
26 Aug, 2026, 08.34 AM IST
Global Market Today: Asian stocks mixed ahead of Nvidia results, oil prices slideContracts for the Nasdaq 100 Index dropped 0.3%, and those for the S&P 500 Index edged 0.1% down. MSCI’s Asia Pacific equities gauge was li...
26 Aug, 2026, 06.25 AM IST
Rupee strengthens to 95.41 after oil coolsThe Indian rupee strengthened significantly on Tuesday, gaining 33 paise. This appreciation occurred as oil prices retreated and the Reserv...
26 Aug, 2026, 06.21 AM IST
India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...
25 Aug, 2026, 04.24 PM IST
Oil fall lifts rupee to over one-week high after central bank keeps lid on lossesThe Indian rupee surged to a one-week peak on Tuesday, empowered by the recent dip in oil prices alongside measures taken by the central ba...
25 Aug, 2026, 03.47 PM IST
Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
25 Aug, 2026, 01.19 PM IST
Asian buyers snap up US crude, adding stress to tight marketAsian refiners are set to nearly double purchases of US crude for September as Middle Eastern oil prices surge amid the Iran war and Strait...
25 Aug, 2026, 09.16 AM IST
Oil prices steady as investors weigh impact of expanded US sanctions against IranOn Tuesday, oil prices found stability following a notable decline on Monday. Investors are currently evaluating newly imposed U.S. sanctio...
25 Aug, 2026, 07.29 AM IST
Global Market: European shares edge lower as investors await Iran sanctions detailsEuropean shares edged lower on Monday as technology stocks came under pressure, while investors awaited US sanctions on Iran, Nvidia’s resu...
24 Aug, 2026, 01.37 PM IST
Iran digs up ‘tens of billions’ in gas wealth as US energy showdown heats upIran has discovered a major gas field in southern Fars province containing 7.5 trillion cubic feet of gas, with 5.7 trillion cubic feet rec...
24 Aug, 2026, 01.32 PM IST
Rust, power cuts and delays: Inside Venezuela’s oil export crisisVenezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing oper...
21 Aug, 2026, 05.25 PM IST
India reworks oil map with Venezuela as Hormuz battlefield keeps Gulf flows in doubtIndia is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...
20 Aug, 2026, 04.44 PM IST
ONGC gets US licence to resume full Venezuela operations, eyes operatorshipONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing exp...
16 Aug, 2026, 11.08 AM IST
Two earthquakes, two responses: How Venezuela and Colombia faced disasterVenezuelan civilians led rescue efforts after devastating earthquakes due to government delays and lack of equipment. Colombian officials q...
15 Aug, 2026, 04.38 PM IST