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VENEZUELAN OIL SHIPMENTS
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...
- Venezuela third largest supplier of crude to India in MayIndia's crude oil imports see a significant shift this May. Venezuela has become the third-largest supplier, surpassing Saudi Arabia and th...
- UAE, Saudi Arabia bypass Hormuz to boost crude supplies to IndiaIndia’s crude imports fell as West Asia disruptions hit supplies, with average intake dropping to 4.4 million barrels per day in April 1–26...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- 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...
- Reliance to gain as Trump signals resumption of India–Venezuela oil tradeIndia may soon resume buying Venezuelan oil. US President Donald Trump has indicated a deal is in concept. This move could significantly be...
- Trump threatens tariffs on any country selling oil to Cuba, a move that puts pressure on MexicoPresident Donald Trump has signed an executive order targeting countries that supply oil to Cuba. This move is expected to intensify Cuba's...
- US seizes Olina tanker in Caribbean, fifth vessel taken in Venezuela blockadeThe U.S. has seized the Olina tanker in the Caribbean, the fifth vessel targeted recently as Washington intensifies efforts to curb Venezue...
- 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'...
- Dragon fumes at US' oily business in Caracas; Tehran may benefitGlobal oil prices dropped as the United States convinced Venezuela to reroute oil shipments away from China. China has strongly condemned t...
- US attack on Venezuela unlikely to hit Indian refiners hardThe country produces around 900,000 barrels per day of crude - about 1% of the global supply. Of the roughly 765,000 bpd it exports, nearly...
- Oil rises as market weighs Venezuela supply risksGlobal oil prices saw a slight uptick Friday, influenced by U.S. sanctions targeting Venezuelan oil and airstrikes in Nigeria. Despite thes...
- 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...
- Venezuela's Maduro to visit China to re-engage amid China-West tensionsVenezuela is also heavily indebted to China following a $50 billion oil-for-loan deal agreed in 2007 by then-president Hugo Chavez. In 2020...
- US to let Eni, Repsol ship Venezuela oil to Europe for debt: SourcesThe two European energy companies, which have joint ventures with Venezuelan state-run oil company PDVSA, can count the crude cargoes towar...
- Indian refiners RIL, Nayara Energy plan to wind down Venezuelan oil buys in April: SourcesSuch a step by Reliance, which operates the world's biggest refining complex, and Nayara - part owned by Russian oil major Rosneft - would ...
- Reliance says not involved in any cash payment arrangement to Venezuela's PDVSA for oilOne internal PDVSA document indicated shipments of Venezuelan oil to Reliance in April would be settled via Rosneft.
- US Oil imports at 23-year low, as Opec nations cut shipmentsAmerican crude stockpiles fell 8.65 million barrels last week.
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