Category : Search result: world oil reserves


Forex reserves fall $980 million to $686.80 billion

India's foreign exchange reserves declined by $980 million to $686.80 billion for the week ending May 17, as per RBI data. Explore the key factors behind this drop and its economic implications.

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.

US Targets Venezuela Oil, But Major Hurdles Remain

Following the dramatic capture of Venezuela's President Maduro, US President Trump aims to tap its vast oil reserves. However, analysts warn of massive challenges, from crumbling infrastructure to political instability, that will delay any quick productio

Venezuela Attack: Trump's Oil Ambition the Real Motive?

A recent attack on a Venezuelan military base raises questions about its true objective: oil. Analysis suggests a link to former US President Trump's long-stated desire for Venezuela's vast reserves. Read the full investigation.

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.

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