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India crude imports set to remain elevated in January
30 Jan 2026 04:46 GMT
… markets for transport fuel exports. While HMEL supplies refined products solely to … public-private partnership between Hindustan Petroleum Corporation Limited (HPCL) and … mainstream oil in replacement of Russian barrels. NOCs continue to procure crude …
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US lifts some Venezuela sanctions to ease oil sales
30 Jan 2026 04:44 GMT
… , transport, store and refine Venezuelan crude oil, but does not lift … sell 50 million barrels of Venezuelan crude oil, with European … expand output or exports from the OPEC member.
Expanding … quot;If they cannot export the oil coming from these ventures …
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Venezuela After Maduro: Oil Liberalization, US Control Over Flows, and the Shockwave in the Region
30 Jan 2026 01:23 GMT
… basis: heavy crude oil for refineries designed for this heavy crude oil. But the … export records show that Venezuela’s exports of crude oil and residual fuels averaged 952,000 barrels … more noise than barrels. Supply remains constrained, OPEC+ is managing a …
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China’s Crude Hoarding Is Propping Up Oil Prices
30 Jan 2026 01:03 GMT
… came despite weak transportation fuel demand and struggles on … barrel – beyond which it slows down crude stockpiling.
But with oil … into fuels.
The difference between total supply and refinery throughput … supply from both OPEC+ and non-OPEC+ exporters.
The U.S …
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Mexico’s Dos Bocas Refinery Starts Biting Into U.S. Fuel Exports
30 Jan 2026 01:03 GMT
… , all refineries that the company operates were producing more fuels last year … , despite capacity for 170,000 barrels daily, and it even fell … across refineries.
So, Mexico is increasingly domestic oil processing and curbing crude oil exports and fuel …
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Fuel prices set for fourth weekly hike
30 Jan 2026 03:04 GMT
… geopolitical instability in major oil-producing regions outweigh … of approximately two million barrels per day, tightening … by Organization of Petroleum Exporting Countries plus (OPEC+) to maintain its … ban on refined products from Russian crude is further …
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Trump eases Venezuela oil sanctions to boost US investment
30 Jan 2026 03:01 GMT
… to expand output or exports from the OPEC member. The companies are … in January to export Venezuelan crude oil, including to US refiners.Francisco Monaldi, director … of the oil, he said.“If they cannot export the oil coming from …
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Idaho speaker slams Utah refinery tax proposal that could raise gas prices
30 Jan 2026 01:52 GMT
… of Utah imposing an export tax on transportation fuels and urges Utah … Utah "export tax" on gasoline
Proposed fuel reduction tax in … ;s not an export tax. It's a refinery tax, and … says the oil companies would likely pass any increase in fuel tax …
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Colombia’s Fiscal Crisis Is Deepening Under President Petro
30 Jan 2026 01:04 GMT
… crucial oil industry.
Foreign investment has declined substantially since Petro took … responsible for a decline in petroleum exports that is weighing heavily on … an average of 744,655 barrels per day, which is … less than the 771,008 barrels per day lifted for …
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Reliance Industries Slashes Russian Crude Imports Under U.S. Sanctions Pressure
30 Jan 2026 01:04 GMT
… refiner, Reliance Industries, will import about 150,000 barrels … refinery at Jamnagar, at the unit processing fuels … the bloc of petroleum products obtained in … crude oil.
In November, Reliance stopped processing any Russian crude at its export-oriented refinery …