Category : Search result: Venezuela crude oil


US to get 50M barrels of Venezuelan oil, Trump says

US President Donald Trump announces a major oil deal with Venezuela, claiming proceeds will benefit both nations. This follows a US military operation that killed 24 Venezuelan personnel. Read the latest updates.

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.

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.

SBI Sees Oil at $50/Barrel by 2026, Impact on India

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.

Venezuela Oil Revival to Benefit India's Refineries

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 Stocks Jump 10% on Venezuela Regime Change

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.

Trump Plans US Oil Intervention in Venezuela

President Trump says US oil giants can fix Venezuela's broken industry and make money. But reviving the world's largest reserves needs massive investment. Read the full analysis.

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