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They are coming in: Trump claims India will buy Venezuelan oil, not Iran crude
01 Feb 2026 06:13 GMT
… will import Venezuelan oil instead of purchasing crude from Iran. …
India currently imports little crude from Iran due to longstanding … hundreds of thousands of barrels of Venezuelan oil, at one stage … Caracas's total exports. But trade dropped sharply …
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Iraqi oil exports to US slide to 83,000 bpd
01 Feb 2026 11:12 GMT
… News– Baghdad/ Washington
Crude oil exports from Iraq, OPEC’s
second-largest producer … States fell to 83,000 barrels per
day (bpd) over the … .
Daily US oil consumption stands at
around 20 million barrels, making it …
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Mexico tries to avoid US tariffs for states that ship oil to Cuba
01 Feb 2026 13:40 GMT
… would reduce shipments of refined products or oil to Cuba. According to … Mexican state oil firm Pemex) will export 20,100 barrels of crude oil per day … top oil supplier to Cuba, hasn't sent any crude or fuel …
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Iran Puts Forces on Alert as US Tensions Push Oil Higher
01 Feb 2026 13:36 GMT
… with the United States drive oil prices higher.
US-Iran … Brent crude closed last Friday at $70.71 per barrel, posting … $65.21 per barrel.
Against this backdrop, the OPEC+ alliance, led … Iran, OPEC’s fourth-largest producer, could disrupt exports and threaten …
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OPEC+ agrees in principle to keep oil output pause for March, sources say
01 Feb 2026 11:23 GMT
… OPEC+ members comes as Brent crude closed near $70 a barrel … on Friday.
OPEC+ includes the Organization of the Petroleum Exporting Countries, plus … world's oil.
A separate OPEC+ panel called the … in Kazakhstan, where the oil sector has suffered a series …
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Russia lifts ban on gasoline exports for oil product manufacturers
01 Feb 2026 13:26 GMT
… lifted restrictions on gasoline exports for oil product manufacturers.
The … stability in the domestic fuel market. Allowing exports will also … August 2025, over 20 refineries were damaged, some partially … , to 4.86 million barrels per day, reaching the …
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Owner of B.C. ghost town taking another swing at energy exports
01 Feb 2026 11:19 GMT
… for a liquefied natural gas export terminal.
Businessman Krishnan Suthanthiran … political attention on boosting oil and gas exports to non-U. … gas and one for crude oil. The oil and natural gas, in … of uses, including as a fuel — from natural gas. Suthanthiran …
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Trump courts China and India capital while Venezuela slashes oil taxes
01 Feb 2026 10:39 GMT
… letting American companies export, sell, and refine crude from the sanctioned … imports averaged 400,000 barrels daily last year but … million barrels of Venezuelan crude. A lot of this oil was … put around 9 million barrels in Caribbean storage facilities. …
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India will buy oil from Venezuela - Trump
01 Feb 2026 13:22 GMT
… stated.
According to Reuters, oil imports from Venezuela are intended … about 1.7 million barrels of Russian oil per day at a … also faced 50% tariffs on exports to the United States. Half … 2025, oil production in Venezuela averaged about one million barrels per …
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Kelantan border petrol stations flagged for abnormal sales, investigations underway
01 Feb 2026 10:02 GMT
… 1 — Unusual fuel sales patterns at several petrol stations near the … possible misappropriation of subsidised petrol and diesel.
In disclosing … install 17 import and export prohibition signs at all … taking out packaged cooking oil and other controlled items. …