Oil prices stable as investors weigh OPEC+ supply, US inflation data Source link
FOX Business’ Lauren Simonetti joins ‘Mornings with Maria’ to discuss Chevron beginning the collection and processing of Venezuelan oil. Chevron’s flagship Gulf Coast refinery is processing its first Venezuelan oil shipment since the U.S. capture of Nicolás Maduro in Caracas last month, turning heavy, tar-like crude into gasoline, diesel and jet fuel for American consumers. […]
By Marianna Parraga Feb 9 (Reuters) – Venezuela’s state oil company PDVSA has reversed most of the output cuts it had ordered at its own oilfields and joint ventures in the country’s main crude region, the Orinoco Belt, boosting the nation’s total production close to 1 million barrels per day (bpd), sources close to operations […]
Oil tanker involved in the smuggling racket off the Mumbai coast | Photo Credit: Indian Coast Guard social media post The three oil tankers involved in the sea-smuggling racket off the Mumbai coast have been identified as US-sanctioned ships. The Indian Coast Guard busted this international oil-smuggling racket. TankerTrackers.com, the US-based independent online service that […]
The United States, which imposed tariffs on India last year for buying Venezuelan oil, has told Delhi it can resume those purchases soon to help replace imports of Russian oil, three sources familiar with the matter told Reuters. India pledged to slash Russian crude oil purchases after Washington also hiked tariffs related to that activity, […]
As markets head into the Union Budget week, investor attention remains split across electronics manufacturing services (EMS), oil and gas stocks, and select fintech names. In an interaction with ET Now, market expert Sandip Sabharwal struck a cautious note on high-valuation EMS players like Dixon Technologies, while also sharing a more tactical view on oil […]
Fitch Ratings says sustained government-led investment in infrastructure and energy will support earnings, despite lower oil price assumptions and tighter fiscal headroom The post GCC corporates set for steady 2026 as capex offsets oil price pressure – Fitch appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More. Source […]