Indian Oil Buys Colombian Crude for First Time
Indian Oil Corp makes landmark Colombian crude purchase as Russia sanctions reshape global oil flows. Discover how India is diversifying its energy sources.
Indian Oil Corp makes landmark Colombian crude purchase as Russia sanctions reshape global oil flows. Discover how India is diversifying its energy sources.
The Trump administration intensifies pressure on Venezuela by sanctioning Chinese and Hong Kong firms and oil tankers. This move signals a warning to Beijing amid escalating US-Venezuela tensions. Read more.
The US Treasury Department imposes new sanctions on Venezuelan oil firms, targeting foreign support for Maduro's government. Read the full analysis of the escalating economic pressure.
The US reinstates sanctions on Venezuela's crucial oil and gas sector, targeting state-owned PDVSA. This move pressures Maduro's government to uphold its electoral commitments. Read the full analysis of the impact.
The International Energy Agency forecasts a prolonged period of low crude oil prices due to a significant supply surplus and slowing demand growth. Discover the key factors and global implications.
The US Treasury sanctioned 10 individuals and companies from Iran and Venezuela for supporting Iran's drone and ballistic missile programs. Details inside.
India's Russian oil imports crash to a 3-year low of 1.1M bpd in Dec 2025 as US sanctions bite. Reliance pauses buys, state refiners tread cautiously. What's next for India's energy security? Read more.
US sanctions on Rosneft & Lukoil reshape India's Russian crude imports. Little-known UAE-based intermediaries gain market share as December volumes hit a 3-year low. Analysis & expert insights inside.
Global crude oil prices are projected to remain subdued through 2026, with a structural oversupply outweighing geopolitical tensions. Analysts cite rising non-OPEC+ production and slowing demand growth. Read the full analysis.
China imposes sanctions on 20 US defence companies and 10 executives, freezing assets and banning transactions in response to a major US-Taiwan arms deal. Full details inside.
The White House orders US forces to enforce a Venezuelan oil 'quarantine' for two months, prioritising economic pressure over immediate military strikes against Maduro. Details inside.
Discover why avocado oil is becoming a kitchen essential in India. From its high smoke point for perfect frying to heart-healthy fats, learn how to use it daily. Boost your nutrition today!
Reusing deep-fried oil is common, but how many times is safe? A dietetics expert explains the chemical dangers, safe reuse limits, and long-term health risks like diabetes and heart disease.
The US Coast Guard seizes a vessel off Venezuela, enforcing Trump's blockade on sanctioned oil tankers. Venezuelan exports plummet as military pressure escalates. Read the full report.
2025 saw a major shift as oil demand surged, defying peak predictions. India emerged as the top growth engine, reshaping global energy dynamics. Read the full analysis.
Are seed oils like sunflower and soya bean oil toxic? We separate fact from fiction, examining the science behind heart health, inflammation, and processing myths. Read the evidence.
US President Trump's blockade on Venezuelan oil tankers is expected to have little effect on global crude prices due to a two-tiered market and ample supply, says Kpler. Read the full analysis.
US President Donald Trump escalates pressure on Venezuela with a naval blockade of sanctioned oil tankers, demanding the return of assets he claims were stolen from America. Analysis inside.
EU's 19th sanctions package targets traders aiding Russian oil exports to India & China via a shadow fleet. New measures aim to block access to Western shipping & insurance. Read the full analysis.
Saudi Arabia cuts January 2026 crude oil price to Asia to a five-year low as OPEC+ raises output and supply surplus looms. Details on market impact and Chinese demand.
The US has granted a temporary exemption for Lukoil-branded fuel stations outside Russia until April 2026. This move comes as Indian refiners cut purchases of sanctioned Russian crude, with imports expected to plummet.
Indian buyers secure massive South American soybean oil volumes for 2026, anticipating palm oil shortages from Indonesia's biodiesel push and weaker sunflower harvests. Get the full analysis.
India imported 5.4 million tonnes of Russian oil using shadow fleet tankers to bypass Western sanctions, according to CREA report. Moscow relies on old vessels to maintain exports amid restrictions.
India's crude oil imports from Russia projected to fall by 47% to 1 million bpd in December due to US sanctions on Rosneft and Lukoil. Indian refiners diversifying supply sources.
JP Morgan warns global oil supply is outpacing demand, risking a price crash to $30s per barrel by 2027. Will producers act to rebalance the market? Read more.
US imposes sanctions on TR6 Petro India and other entities for trading Iranian oil, citing terror funding concerns. Full details on the crackdown.
New US sanctions on Russian oil firms leave 48 million barrels stranded at sea, forcing Asian buyers like India to seek urgent alternatives. Discover the market impact.
Russian oil discounts surge to $5-6 per barrel as buyers avoid sanctioned firms Rosneft & Lukoil. Indian refiners shift to unsanctioned suppliers amid expected supply disruptions.
India purchased $2.9 billion worth of Russian crude oil in October, maintaining its position as second-largest buyer globally. Read how sanctions are impacting imports.
US tells Serbia it won't lift sanctions on NIS oil company unless Belgrade ensures complete Russian withdrawal. Serbia faces energy crisis with February 13 deadline looming.