IOCL Chairman A S Sahney confirms the company's readiness to process Venezuelan crude if it becomes available, highlighting refinery robustness.

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here.

China's surplus of crude oil jumped to 2.67 million bpd in December, up from 1.88 million bpd in November and the most since ...

China's refinery throughput in 2025 rose 4.1% year on year, while crude oil output grew 1.5%, both all-time highs, government data showed. The world's second largest oil consumer processed 737.59 ...

The U.S. pumps more crude than any other nation in the world but it still wants Venezuela's oil. Here's why.

On Venezuelan crude, Sahney said fresh supplies are unlikely to reach India anytime soon, despite Indian refineries being technically capable of processing it.

The Trump administration issued a general licence expanding the ability of oil companies to operate in Venezuela, marking a ...

Indian Oil Corporation is ready to process Venezuelan crude if supplies resume, recalling past imports. The company's robust ...

Reliance Industries will sharply reduce its imports of Russian crude to comply with U.S. sanctions and ease trade tensions ...

Malaysia’s producer price index (PPI), which measures price changes at the producer level, continued to decline by 2.7 per ...

The licence issued by the US Treasury Department Thursday covers a variety of activities that could expedite the movement of ...