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Venezuela’s Oil: Evolution, Scenarios And International Repercussions – Analysis
23 Jan 2026 18:09 GMT
… to 50 million barrels. Regarding production, … currently exempt from OPEC+ quotas since 2016 … oil exports. US refineries in the Gulf of Mexico are equipped to refine heavy Venezuelan crude … refineries, petrol and diluents; in exchange, it received heavy crude oil …
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India’s top refiner set to resume Russian oil purchases amid western pressure
23 Jan 2026 19:40 GMT
… crude has helped contain domestic fuel prices and limit inflationary pressures.
“Russian oil … official with India’s petroleum ministry. “Walking away … exports refined fuels to international markets, has benefited from processing discounted Russian crude …
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Russian oil exports to China rise in January as India, Turkey cut buying: report
23 Jan 2026 19:33 GMT
… in late 2025 targeting Russian oil sellers and shipping, including major … . Indian refiners are expected to keep imports near 1 million barrels per … of fuels produced from Russian-origin crude. India and Turkey are major exporters …
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U.S. attack on Venezuela aimed at rescuing the petrodollar
23 Jan 2026 20:43 GMT
… financial blockade and negotiating crude oil outside the dollarized system … of about 303 billion barrels, or about 17% of … dominant currency, fuels the commercialization of petroleum. The linkage … production and export of oil in great quantities—oil that will …
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Energy industry watches as oil-rich Iran implodes
23 Jan 2026 21:09 GMT
… three to four million barrels of oil per day and prices … grabbing attention, but from an oil market, investment and oilfield jobs … roughly 3-4 million barrels per day and exporting a meaningful portion … 20% of the world’s crude flows.
“Even threats to …
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Why Oil Markets Fell Back on Fundamentals Despite Rising Geopolitical Noise
23 Jan 2026 17:39 GMT
… export disruptions—after all, Iran's a key OPEC … The American Petroleum Institute (API) reported a crude oil stock build …
Gasoline Glut Weighs on Refinery Appetite
Rising gasoline inventories … builds exceeding 3 million barrels at the government level, …
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Oil Prices Rise Amid U.S.-Iran Tensions And Military Threats
23 Jan 2026 19:06 GMT
… reported that Brent crude reached $64.41 per barrel, while U.S … . West Texas Intermediate crude rose … to $59.69 per barrel.
This increase … is OPEC’s fourth-largest oil producer and a major exporter to …
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Why Sudan Is Drawing a Red Line Around the Heglig Oil Field
23 Jan 2026 17:39 GMT
… terms. Most of the crude that matters economically is … terms. Most of the crude that matters economically is … South Sudan’s exports. South Sudan’s oil flows north through … China National Petroleum Corporation, its most important remaining external oil partner. …
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Oil rises 3% as US sends 'armada' to Iran, slaps new sanctions
23 Jan 2026 19:01 GMT
… involved in transporting Iranian oil and petroleum products, the U. … .2 million barrels per day according to OPEC figures, Iran … is OPEC's fourth-biggest crude oil … oil industry, already challenged by bottlenecks at its main exporting …
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Oil prices rise as US sends armada to Iran, slaps new sanctions
23 Jan 2026 19:44 GMT
… , to $65.92 a barrel by 11:53 am EST … involved in transporting Iranian oil and petroleum products, the US Treasury … to OPEC figures, Iran is OPEC's fourth-biggest crude oil producer … s oil industry, already challenged by bottlenecks at its main exporting …