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Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March:
12 Jan 2026 12:12 GMT
… to export up to 50 million barrels of crude oil to … REFINERS, PETROCHINA
Vitol is approaching Indian state refiners to sell the oil, … sources said.
Refiners Indian Oil Corp and Hindustan Petroleum Corp would … sour Merey crude as well as fuel oil before US …
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Trading houses beat US majors to first deals for Venezuelan oil
12 Jan 2026 13:11 GMT
… suited to quickly get Venezuelan oil exports flowing again, four industry sources … 50 million barrels of crude to U.S. refiners and other buyers – oil that … first cargo of that fuel this past weekend, oil industry sources said …
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Cuba Pushes Back After Trump Threatens to Cut Venezuelan Oil
12 Jan 2026 12:18 GMT
… the right to import fuel from any willing supplier … Cuba’s largest oil supplier, exporting about 26,500 barrels per day … has not significantly increased exports but acknowledged its growing … Havana. Shortages of food, fuel and medicine have fueled public …
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China’s Ambitious Gas Production Sinks Nigeria’s LNG Export Potentials
12 Jan 2026 14:47 GMT
… forecasts from Nigeria’s gas export to China would shrink this … oil, ordinary motor spirit, petroleum oils and oils obtained from bituminous minerals, crude … cane sugar meant for sugar refineries, and durum …
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Does Washington’s Global War Against China’s Oil Suppliers Stand Any Chance of Success?
12 Jan 2026 14:36 GMT
… coming months. Almost 82 million barrels is currently on tankers in … ’s Gazprom and China National Petroleum Company (CNPC) agreed to … to ramp up liquified gas exports to China via the … to helping Ukraine target Russian oil refineries.
There is also talk that …
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Oil Dips, Products Rise as Iranian Supply Fears Ease
12 Jan 2026 14:51 GMT
… years have raised concerns about crude oil supply from the country … Organization of the Petroleum Exporting Countries' monthly oil market report on … January 9 in U.S. crude, gasoline and distillates on … that U.S. commercial crude oil stocks fell by 2.8 …
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Azerbaijan falls 91,000 barrels below OPEC+ quota last year
12 Jan 2026 11:09 GMT
… tons of oil (including gas condensate) were exported. Of the exports, 20 million … of the “OPEC+” (an initiative on oil production cuts involving OPEC and non … ’s crude oil production quota is set at 551 thousand barrels per day …
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Global Traders Edge Out US Giants In Race For Venezuelan Oil Deals: Report
12 Jan 2026 13:43 GMT
… companies to quickly restart Venezuelan oil exports, a crucial step before reconstruction … them to negotiate and export Venezuelan crude, with Trafigura preparing to … barrels of stranded Venezuelan crude to U.S. refiners and other buyers, unlocking oil …
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Sanctions are breaking Russia's oil sector: December production fell to a 1.5-year low - intelligence
12 Jan 2026 14:34 GMT
In December 2025, Russian oil-producing companies sharply reduced crude oil production, recording one … the continued export from Russian ports at about 4 million barrels per … quota within the OPEC+ agreement at 9.574 million barrels per day …
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Oil continues to rise amid fears of Iran’s disturbances and anticipation of the return of Venezuelan supplies
12 Jan 2026 11:48 GMT
… in the OPEC member state. Efforts to quickly resume oil exports from Venezuela … .22 per barrel. Meanwhile, Venezuela is expected to resume its oil exports soon … tankers. They are preparing safe crude oil transfers from Venezuelan ships and …