Category : Search result: Asian oil buyers


Venezuela Sends 50M Barrels of Oil to US, Worth $4.2B

A massive shipment of 50 million barrels of Venezuelan crude oil, valued at $4.2 billion, is heading to the United States. Get the latest details on this significant energy development and its global implications.

Trump's $200B Housing Plan Aims to Lower Mortgage Rates

President Trump unveils new housing strategy targeting affordability. Plans include a ban on Wall Street home buying and a $200B mortgage bond purchase to lower rates. Experts warn supply shortage remains unaddressed.

Bharat Coking Coal IPO Gets 8x Bids on Day 1

The Bharat Coking Coal IPO was subscribed over 8 times on its first day. Qualified Institutional Buyers led the charge. Discover the details and what this means for the market.

BMW India to launch 25 new models in 2026

BMW India plans its biggest product offensive with 27 launches in 2026, targeting first-time luxury buyers. Sales hit a record 18,001 units in 2025, with EVs surging. Read more.

Venezuela's Asian Oil Exports Halt for 5th Day

Venezuela's crucial oil shipments to Asia have stalled for a fifth consecutive day amid a US embargo, risking deeper production cuts. Chevron, however, resumes US-bound cargoes. Read the full analysis.

Oil Pipeline Bursts Twice in Assam's Dibrugarh, Spills Crude

An Oil India Limited pipeline in Dibrugarh's Tingkhong area ruptured twice within 12 hours, spilling crude oil onto farmlands and fish ponds. Locals report dead fish and fire risks. Read more on the environmental impact and OIL's response.

India Drops Jiu-Jitsu from Asian Games Contingent

India will not send a jiu-jitsu team to the 2026 Asian Games in Japan. Key factors include governance issues, low medal prospects, and failure to meet new govt criteria. Full details inside.

Venezuela, Iran Actions May Worsen 2026 Oil Glut

Geopolitical shifts in Venezuela and Iran could add to a projected 1.5-2 million barrel per day oil surplus in 2026, pressuring crude prices. Analysts warn scarcity fears are fading.

IEA: Low Crude Oil Prices to Continue Till 2026

The International Energy Agency forecasts a prolonged period of low crude oil prices due to a significant supply surplus and slowing demand growth. Discover the key factors and global implications.

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