Category : Search result: Indian oil supply diversification


India's Venezuela Oil Stakes at Risk After US Strike

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.

Indian Oil Price Drops Below $60/Barrel

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.

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.

Oil falls on Venezuela supply hopes, Brent at $61.62

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 Oil Unlikely to Boost Global Supply Soon

US intervention in Venezuela adds uncertainty for India, with billions in energy investments and unpaid dividends stuck. Experts say a quick ramp-up of Venezuela's oil production is unlikely.

Geopolitical Shocks Fail to Move Oil Prices in 2026

Crude oil prices fell for a third consecutive year despite turmoil in Venezuela and Iran. Discover how fracking and sanctions created a new, oversupplied market that reshapes global energy dynamics. Read the full analysis.

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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