ONGC's overseas arm set to revive Venezuela operationsONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...
16 Jun, 2026, 12.56 AM IST
Netanyahu says Trump assured him final Iran deal will mandate removal of enriched uraniumPresident Trump assured Prime Minister Netanyahu that a deal with Iran would ensure Tehran surrenders its nuclear stockpile. This understan...
12 Jun, 2026, 10.02 AM IST
OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: ReportOPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...
10 Jun, 2026, 08.21 PM IST
China's imports of major commodities show price remains key driverChina's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...
10 Jun, 2026, 10.22 AM IST
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...
05 Jun, 2026, 10.59 AM IST
Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...
03 Jun, 2026, 11.49 AM IST
India turns to Latin American, African oil after Hormuz disruptionIndian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola,...
25 May, 2026, 01.50 PM IST
Wars, Oil and Wealth: The world adapts faster than we think, lessons for equity investorsIndia today is a more than four-trillion-dollar economy with stronger external reserves, wider energy relationships, greater diplomatic rea...
23 May, 2026, 08.00 AM IST
Rubio on a rescue mission in India? Here are the high stakesUS Secretary of State Marco Rubio visits India to strengthen ties. The visit addresses trade friction and strategic concerns. The US seeks ...
23 May, 2026, 07.19 AM IST
Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: ReportA prolonged closure of the Strait of Hormuz could push crude oil prices to as high as $200 per barrel and trigger a global recession, accor...
22 May, 2026, 11.43 AM IST
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...
22 May, 2026, 05.30 AM IST
How China is helping Cuba survive crippling blackouts as years of US sanctions leave the country with ‘absolutely no fuel’Cuba faces a severe energy crisis with widespread blackouts. China is significantly boosting Cuba's solar power infrastructure. Imports of ...
14 May, 2026, 11.30 AM IST
Venezuela's oil exports jump to highest since 2018, with more sales to US, IndiaVenezuela’s oil exports rose 14% to 1.23 million barrels per day in April, the highest in over seven years, driven by increased sales to th...
01 May, 2026, 09.35 PM IST
Why UAE stepped away from OPEC amid Iran war and soaring crude oil pricesUnited Arab Emirates has announced it will exit OPEC and OPEC+ effective May 1, delivering a fresh shock to an already strained global ener...
30 Apr, 2026, 03.08 PM IST
UAE's OPEC exit may not hit oil markets, say executivesUAE’s planned exit from OPEC is unlikely to disrupt global oil markets despite its sizable output, say industry executives, though it may d...
29 Apr, 2026, 09.11 AM IST
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...
29 Apr, 2026, 12.19 AM IST
- Less Venezuelan oil going to US, more to China
US imports of Venezuelan oil fell 11.7 percent during the first four months of the year compared to the same period in 2007, the US governm...
01 Jul, 2008, 01.23 AM IST