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VENEZUELA OIL EXPORTS
'51st state': Trump pitches Venezuela as next US state, says it has 'a lot of oil'US President Donald Trump has suggested that Venezuela could become the 51st US state, citing growing ties between Washington and Caracas a...
US courting Reliance's refining muscle to keep oil flowing, not curb Russian crude, analyst saysMarco Rubio's recent visit to Jamnagar emphasizes strengthening energy ties between the US and Reliance Industries. With a capacity of 1.4 ...
From Venezuela to Texas to Jamnagar: Marco Rubio’s dash for energyUS Secretary of State Marco Rubio is encouraging Reliance Industries to process more Venezuelan crude. His visit includes discussions with ...
Marco Rubio, S Jaishankar discuss energy ties as India-US trade deal nears finalisationUS Secretary of State Marco Rubio and S Jaishankar discussed energy security, defence, technology and regional issues in Mumbai. Rubio said...
Oil Price Today (October 16): Crude oil dips to $105 as Trump mulls easing restrictions on sanction-facing nations. What’s next?Brent crude futures fell 41 cents, or 0.39%, to $105.51 a barrel, while US West Texas Intermediate crude futures declined 54 cents, or 0.55...
Trump's shadow fleet loophole: Easing US sanctions on oil tankers may not lower fuel costsIn an effort to address soaring shipping costs, the Trump administration is evaluating the possibility of easing restrictions on sanctioned...
Oil Price Today (October 15): Crude oil dips to $105 despite rising Middle East tensions. Here’s whyBrent crude futures declined $1.50, or 1.41%, to $104.55 a barrel, while US West Texas Intermediate (WTI) crude futures dropped $1.02, or 1...
Oil prices fall as investors weigh supply outlook, Middle East tensionsOil prices experienced a downturn as investors weigh the repercussions of shipping assaults in the Strait of Hormuz, particularly from Hout...
‘We have all of those elements’ in India, says BP CEO Meg O’Neill as firm weighs oil and gas bids under Samudra Manthan schemeIndia's government has introduced the Samudra Manthan policy to enhance energy security through increased oil exploration. BP's CEO Meg O'N...
Ambani's Reliance drives India’s Venezuela oil imports to seven-year highIndia is expecting to significantly increase its imports of Venezuelan oil this month due to appealing discounts. Venezuelan crude deliveri...
US-China AI talks: A two-power bargain that could leave the world with no sayDonald Trump has rejected international regulations on artificial intelligence while preparing for a critical summit with Xi Jinping. Discu...
Trump says Witkoff, Kushner met Iranian officials, shortly after warning he may 'annihilate' IranUS President Donald Trump met with Iranian officials while attending the UN General Assembly to address ongoing tensions. This engagement f...
India’s Russian oil imports fall 16.5% in August as Middle East supplies riseIndia’s Russian oil imports fell 16.5% month-on-month to about 2.1 million bpd in August, while purchases from Iraq rose sharply and Saudi ...
India’s oil buyers may cut Russia cargoes as US risk risesIndian refiners may reduce Russian crude imports amid new US sanctions. This move comes as the US legislation allows tariffs on countries b...
India must not let energy security become a US trade ‘weapon’, warns GTRIAccording to a warning from a US think tank, Indian goods could face tariffs as high as 100%. This move may compel India to significantly l...
Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavierIndia is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...
How the great gas crisis of 2030 will play outA speculative scenario set in October 2030 imagines a third global natural gas crisis in eight years, as faltering US shale output, extreme...
Houthi advance in Red Sea leads oil past $108/bblOil prices rose significantly following strikes on Saudi infrastructure and ship attacks. Yemen's Houthi rebels strengthened their control ...
The world wishes it had a 'diesel printer' as two wars push fuel to the brinkThe world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global ...
Oil markets survived the Iran war sprint. Now comes the marathonThe Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...