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US crude inventories likely saw a build for the second straight week, rising 200,000 barrels in the week ended March 30.

Venezuela turns to India for major oil exports as US sanctions bite

Venezuela's oil exports have tapered off and shifted toward India since new US sanctions began on January 28.

13 Feb 2019 11:03 AM IST

Reliance Industries Limited

Reliance halts oil exports to Venezuela in view of US sanctions

Reliance has investments in US shale gas projects and trades fuel in North America.

14 March 2019 9:14 AM IST

Saudi Arabia has temporarily halted production at two Aramco oil facilities that were attacked by Yemeni rebels, interrupting about half of the companys total output, the energy minister said on Saturday. (Photo: screengrab)

Attack on Saudi oil facilities carried out by Yemen's govt as...

A total of 18 drones and seven missiles were launched, including what he called Iranian Delta Wing unmanned aerial...

30 Sept 2019 2:36 PM IST

A considerable part of Irans gas could be exported via the existing Turkmenistan-China gas pipeline and new oil pipelines can be constructed on the same route.

In its clash with America, China appears to have picked up the...

Iran's economic partnership with China will supplement its current close security ties with Russia and alter Middle East...

16 Sept 2019 2:31 AM IST

India pays its third largest oil supplier in euros using European banking channels and imports.

US may supply oil to India to bridge gap post-Iran sanctions

Proposal came at 2+2 meeting; transportation cost an issue.

24 Sept 2018 2:31 PM IST