US Needs Venezuela's Heavy Crude Despite Being Top Producer
Despite being the world's largest oil producer, US refineries rely on heavy crude from Venezuela, Canada & Mexico. Learn why the shale boom hasn't solved this dependency.
Category : Search result: crude bombs
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.
Trump's Venezuela Oil Strategy: Heavy vs Light Crude Explained
Discover the real reason behind US interest in Venezuela's oil reserves. It's not just about quantity, but the specific type of crude. Read the full analysis now!
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.
SBI: Oil Price Could Hit $50/Barrel by 2026, Easing Inflation
SBI Research predicts a sharp fall in crude oil prices to $50 per barrel by mid-2026, driven by inventory buildup. This significant softening is expected to positively impact India's inflation and economic growth. Read the full analysis.
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.
India's US crude imports jump 92%, Russia share dips
India's crude oil imports from the US soared over 92% in April-Nov 2025. Russia remains the largest supplier, but its share fell to 33.7%. Explore the shifting energy dynamics.
Venezuela Conflict to Spike Oil Prices, India Unscathed
US military action in Venezuela is expected to trigger a surge in crude oil and commodity prices due to geopolitical tensions. However, India's minimal trade ties mean limited economic impact. Read expert analysis.
Venezuela's Oil Shift: Winners & Losers After Maduro
The capture of Venezuela's Maduro reshapes global oil flows. U.S. Gulf Coast refiners stand to gain from renewed heavy crude access, while Canadian producers face long-term competition. Full analysis inside.
Russian oil discount to India jumps to $8 a barrel
Russian crude suppliers now offer Indian refiners discounts up to $8 per barrel, doubling since October. This could lower India's import bill as global oil prices hover around $60. Read more.
Oil Steady at $61 as Supply Surplus Offsets OPEC Risks
Oil markets opened 2026 cautiously as a forecast 3.8 million barrel daily surplus counters Middle East tensions. Key OPEC meeting set for Jan 4. Read the full analysis.
Crude Bombs Hurled in Pakur Village After New Year Clash
Tension grips Jhikrahati village in Pakur after a New Year picnic dispute escalates into a crude bomb attack. Police launch search, no arrests yet. Read details.
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.
Oil Rises on Geopolitical Risks After Steep 2025 Decline
Crude oil prices saw a slight increase on the first trading day of 2026, following their sharpest annual fall since 2020. The uptick is driven by renewed geopolitical tensions, including Ukrainian drone strikes on Russian oil facilities and fresh US sanct
Oil Set for Deepest Annual Loss Since Pandemic, Down 20%
Crude oil prices are on track for their steepest annual decline since 2020, with a 20% drop this year. Key factors include a looming surplus, OPEC's upcoming meeting, and geopolitical tensions. Read the full analysis.
India's Russian Crude Imports Fall in December
India's Russian crude imports are expected to fall to 1.2 million barrels per day in December, down from November. However, the trade relationship remains structurally strong despite the monthly decline.
India's Oil Import Bill Falls 12% as Crude Prices Dip
India's oil import bill fell 12% to $80.9 billion in Apr-Nov FY26 despite higher volumes, as global crude prices averaged $67.6/barrel. Net oil & gas imports also declined over 12%. Read the full analysis.
Oil prices surge amid Russia-Ukraine, Middle East tensions
Brent crude surged 2.1% to $61.94 as geopolitical risks from Russia-Ukraine conflict and Yemen instability threaten supply. Key market drivers and price outlook analysed.
Jan 6 Pipe Bomb Suspect Confesses to FBI Over Election Beliefs
Brian J. Cole Jr., accused of planting pipe bombs before the Capitol riots, told the FBI he acted for those who believed the 2020 election was stolen. Read the full details of his arrest and confession.
Oil Gains on Ukraine Talks Deadlock, China's Fiscal Pledge
Oil prices tick higher as US-led Ukraine peace talks stall and China pledges fiscal support for 2026. Brent crude above $61. Analysis and market impact for Indian investors.
Oil Rises on Geopolitical Tensions, Supply Fears
Oil prices rose over 0.9% in early Asian trading as Middle East tensions and Russia-Ukraine conflict fueled supply disruption fears. Key details on price movements and analyst insights inside.
Oil Falls 2% on Supply Glut, Ukraine Peace Deal in Focus
Crude oil prices fell sharply as oversupply fears dominate. Investors watch Ukraine-Russia peace talks for impact on sanctions and global markets. Read the full analysis.
Oil Climbs on Geopolitical Risks in Venezuela, Nigeria
Oil prices gained as US economic pressure on Venezuelan shipments and airstrikes in Nigeria added to supply risks. Brent crude rose to $62.48. Get the full analysis of 2024's market trends.
Crude Bomb Blast in Bangladesh Kills One, Injures Five
A crude bomb explosion in Bangladesh's Khulna district leaves one dead and five injured. Police investigate the motive behind the attack near a local market. Read for details.
Bondi Attack: New Details on Homemade Bombs, ISIS Link
New court documents reveal disturbing allegations about the Bondi Beach terror attack, including homemade bombs disguised as a tennis ball. 15 killed, dozens injured. Read the full investigation details.
Wanted Criminal Held in Pratapgarh, 4 Crude Bombs Seized
Pratapgarh police arrested wanted criminal Kasim Ali, seizing four crude bombs. He faces nine criminal cases across three districts. Read the full details of the arrest and charges.
FBI Deputy Director Dan Bongino Plans to Step Down
FBI Deputy Director Dan Bongino reportedly plans to resign early next year. A Trump appointee, his tenure was marked by controversy over past conspiracy theory comments. Read the full story.
FBI arrests suspect in Jan 6 pipe bombs case
FBI arrests Brian Cole Jr. for 2021 pipe bombs near Capitol. The case highlights stark contrasts in the Trump administration's handling of Jan 6 violence. Read the full analysis.
Brian Cole Arrested for 2021 DNC, RNC Pipe Bombs
Brian Cole, accused of planting pipe bombs before the Capitol riot, arrested after 5 years. Details on his confession, charges, and the FBI investigation. Read the full story.
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