Trump's Venezuela Oil Plan Aims for $50 Barrel
President Trump meets global oil CEOs to push Venezuela drilling, aiming to slash oil to $50/barrel. Will gas prices fall? Key details on the high-stakes plan.
President Trump meets global oil CEOs to push Venezuela drilling, aiming to slash oil to $50/barrel. Will gas prices fall? Key details on the high-stakes plan.
US intervention in Venezuela creates hope and anxiety for India. While easing sanctions could unlock $2.5B in investments and $600M dividends, battered infrastructure and political chaos pose major hurdles for energy security.
US oil executives meet at White House to discuss Venezuela investments. Despite Trump's enthusiasm, investors remain skeptical due to political instability and high costs. Read the full analysis.
US President Donald Trump cancels planned military action against Venezuela, citing prisoner releases and a massive $100 billion oil and gas infrastructure investment deal. Read the full story.
Trump's push for Venezuela's oil wealth is the latest chapter in a century-long, turbulent saga of US involvement, marked by fortunes made, nationalization, and deep-seated challenges.
As Trump meets oil execs on Venezuela, an expert explains why risks outweigh rewards. High debt, political instability, and uncertain terms deter major new investments despite vast reserves.
As US-Venezuela tensions ease, ONGC, Reliance, and Indian Oil Corp could see major gains. Discover how these stocks stand to benefit from potential sanction relief and oil industry restructuring.
President Trump's plan to buy 30-50M barrels of Venezuelan crude could inject billions, but stability hinges on a fragile detente with Caracas. Will it revive the oil giant?
The Trump administration is crafting a sweeping plan to dominate Venezuela's oil industry for years, aiming to lower global prices to $50 a barrel and counter Russian and Chinese influence. Read the full details.
Despite being the world's largest oil producer, US refineries rely on heavy crude from Venezuela, Canada & Mexico. Learn why the shale boom hasn't solved this dependency.
US officials detail a bare-bones strategy to manage Venezuela's oil exports after Trump's social media claim of securing tens of millions of barrels. Read the full analysis of this geopolitical move.
US Energy Secretary Chris Wright says controlling Venezuela's oil revenue is key to stabilising its economy and repaying Exxon, Conoco. Details on the new deal and White House meetings.
The US announces a selective rollback of sanctions on Venezuela, granting a license for crude oil sales. This major policy shift aims to boost global supply and follows a deal between Maduro's government and the opposition. Read the full details.
Indian oil stocks see volatility as Venezuela crisis threatens crude supply. US intervention could unlock world's largest reserves, impacting ONGC, Reliance, and OMCs. Analysis inside.
President Trump announces Venezuela's interim authorities will transfer 30-50 million barrels of oil to the US. Proceeds controlled by US govt for mutual benefit. Details inside.
President Trump announces Venezuela's interim authorities will transfer 30-50 million barrels of oil to the US, to be sold at market price. Details on the deal's impact and revenue.
Former US President Donald Trump reveals a deal where Venezuela's interim authorities will redirect 30-50 million barrels of sanctioned oil to the US. Details inside.
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.
India's crude oil import cost averages $59.92/barrel in January. Analysts predict further fall to $53.31 by March, easing the nation's import bill. Read the full analysis.
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.
Discover the real reason behind US interest in Venezuela's oil reserves. It's not just about quantity, but the specific type of crude. Read the full analysis now!
Despite holding the world's largest oil reserves, Venezuela's industry is crippled. We explore the massive costs, political risks, and operational nightmares facing companies like Chevron and ConocoPhillips.
President Trump hinted to US oil executives weeks before Maduro's capture. The plan to revitalise Venezuela's oil fields hinges on companies like Chevron. Will they invest?
Oil prices declined as markets anticipate increased Venezuelan crude output post-US action. Analysts see potential for 500,000 bpd rise, but global demand and OPEC remain key. Read for price outlook.
Venezuela holds the world's largest proven oil reserves in 2025. See where Saudi Arabia, Canada, Iran, and India rank in the global list. Key insights from OPEC's latest data.
A new SBI Research report forecasts a significant decline in global crude oil prices to around $50 per barrel by mid-2026. Discover the key drivers and what this means for India's economy and inflation.
US intervention in Venezuela could unlock discounted heavy crude for India's complex refineries, offering diversification amid pressure on Russian oil imports. Experts see medium-term gains.
US oil companies surged in pre-market trading after the military capture of Venezuela's President Maduro. President Trump announced plans for the US to run Venezuela and revive its oil industry. Read the full analysis.
US military action in Venezuela triggers geopolitical risk premium on oil. Despite world's largest crude reserves, prices fall as analysts assess limited immediate supply impact. Key insights inside.
US President Donald Trump details plans for Venezuela's oil-rich future, stating US firms are 'desperate' to enter. Maduro is in custody. Read the full analysis.