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Oil Surges To $100 A Barrel As Israel-Iran War Hits Production And Shipping
Oil prices eclipsed $100 per barrel for the first time in more than three and a half years Sunday as the Iran war hinders production and shipping in the Middle East.
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India Has Enough Fuel, Refineries Asked To Push Up LPG Production: Sources
There are sufficient stocks of crude oil and petroleum products such as petrol, diesel, and LPG. The oil companies are also importing from countries outside the Gulf region to cover the disruption in supplies due to the Iran war.
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"We Have Been Open To Supplying Crude Oil To India": Russian Envoy
Russia has always been open to supplying crude oil to India, Russian Ambassador Denis Alipov said on Thursday, amid increasing concerns over spiralling prices of petroleum products in view of the West Asia crisis.
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US Top Official In Venezuela For Oil Talks After Maduro's Ouster
US Energy Secretary Chris Wright was in Venezuela for talks with acting president Delcy Rodriguez and oil industry executives on harnessing the country's vast reserves of crude.
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India To Stop Russian Oil Purchase, Will Buy From US Under Trade Deal: Karoline Leavitt
White House Press Secretary Karoline Leavitt claimed that India has committed to ending its purchases of Russian oil and will instead source crude oil from the United States, potentially from Venezuela.
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US Issues License For Oil Companies To Operate In Venezuela
The Trump administration issued a general licence expanding the ability of oil companies to operate in Venezuela, marking a significant step to ease sanctions under the new US-backed leadership in Caracas.
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'Trade Above Ukraine': Team Trump Blasts Europe Over India-EU Deal
Bessent accused European countries of indirectly financing the conflict they publicly condemn. After Russia invaded Ukraine and the imposition of Western sanctions, India significantly increased its purchases of discounted Russian crude oil.
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US Says It Will Control Venezuela Oil Exports Indefinitely
The Trump administration plans to control future sales of Venezuelan oil and hold the proceeds in US accounts, Energy Secretary Chris Wright said, making the clearest statement yet on Washington's strategy.
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Taiwan Now Biggest Importer Of This Crude Oil Product From Russia, India Is Second
Taiwan, the United States' most effective bulwark in Asia against Chinese diplomatic and military pressure, has become the world's biggest importer of Russian naphtha, a petroleum derivative used in the semiconductor industry.
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India's Crude Oil Imports Dropped To Near 18-Month Low In July: Report
India's crude oil imports fell 8.7% in July to 18.56 million metric tons month-on-month, the lowest level since February 2024, government data showed on Monday.
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Oil Surges To $100 A Barrel As Israel-Iran War Hits Production And Shipping
Oil prices eclipsed $100 per barrel for the first time in more than three and a half years Sunday as the Iran war hinders production and shipping in the Middle East.
-
India Has Enough Fuel, Refineries Asked To Push Up LPG Production: Sources
There are sufficient stocks of crude oil and petroleum products such as petrol, diesel, and LPG. The oil companies are also importing from countries outside the Gulf region to cover the disruption in supplies due to the Iran war.
-
"We Have Been Open To Supplying Crude Oil To India": Russian Envoy
Russia has always been open to supplying crude oil to India, Russian Ambassador Denis Alipov said on Thursday, amid increasing concerns over spiralling prices of petroleum products in view of the West Asia crisis.
-
US Top Official In Venezuela For Oil Talks After Maduro's Ouster
US Energy Secretary Chris Wright was in Venezuela for talks with acting president Delcy Rodriguez and oil industry executives on harnessing the country's vast reserves of crude.
-
India To Stop Russian Oil Purchase, Will Buy From US Under Trade Deal: Karoline Leavitt
White House Press Secretary Karoline Leavitt claimed that India has committed to ending its purchases of Russian oil and will instead source crude oil from the United States, potentially from Venezuela.
-
US Issues License For Oil Companies To Operate In Venezuela
The Trump administration issued a general licence expanding the ability of oil companies to operate in Venezuela, marking a significant step to ease sanctions under the new US-backed leadership in Caracas.
-
'Trade Above Ukraine': Team Trump Blasts Europe Over India-EU Deal
Bessent accused European countries of indirectly financing the conflict they publicly condemn. After Russia invaded Ukraine and the imposition of Western sanctions, India significantly increased its purchases of discounted Russian crude oil.
-
US Says It Will Control Venezuela Oil Exports Indefinitely
The Trump administration plans to control future sales of Venezuelan oil and hold the proceeds in US accounts, Energy Secretary Chris Wright said, making the clearest statement yet on Washington's strategy.
-
Taiwan Now Biggest Importer Of This Crude Oil Product From Russia, India Is Second
Taiwan, the United States' most effective bulwark in Asia against Chinese diplomatic and military pressure, has become the world's biggest importer of Russian naphtha, a petroleum derivative used in the semiconductor industry.
-
India's Crude Oil Imports Dropped To Near 18-Month Low In July: Report
India's crude oil imports fell 8.7% in July to 18.56 million metric tons month-on-month, the lowest level since February 2024, government data showed on Monday.
