… ’s largest refiner, Indian Oil Corporation, has purchased around 7 … Duty on Countries Buying Russian Oil (Watch Video). Indian … recalibrating sourcing strategies to cut Russian imports and raise … December, while imports from OPEC members hit an 11-month …

… . The IEA on Wednesday cut its 2026 global crude surplus … production hikes in Q1-2026 due to the emerging global oil surplus.  OPEC … the 2.2 million bpd production cut it made in early 2024 … seasonal average.  US crude oil production in the week ending January …

Indian oil refiners are increasing their purchases of oil from Angola, Brazil and the United Arab Emirates to reduce their dependence on Russian supplies. This is reported by Reuters, citing sources. India is reviewing its import policy, trying to reduce …

… tankers loaded with sanctioned Venezuelan oil before the U.S. … teapots — benefited from these cut‑price barrels, helping to sustain … Treasury licenses allow major oil trading houses to sell … as Russia, Iran, or OPEC producers — potentially reshaping global …

… evolution of Venezuela’s oil production, the energy nationalism … oil prices due to a strong demand and new production restrictions by OPEC … Under this second scenario, oil production would increase with the … a total cut in Venezuelan crude oil supplies would …

… 's a key OPEC producer and matters for Asian … crank up throughput, which cuts crude demand. This pattern … that briefly supported prices. Production disruptions in Kazakhstan, triggered … with no signs of prolonged output losses. Separately, extreme cold …

… 2023. Saudi Arabia’s crude oil production reached approximately 10.050 million … . Earlier this month, OPEC stated that global oil demand would rise in … production cuts in Kazakhstan, Russia, and Venezuela, despite an agreement to increase output …

… tight supply and coordinated production cuts, OPEC+ began increasing output in 2025, gradually … expand production aggressively. The US remains the world’s largest oil … petrochemicals) Smarter use of oil revenues for industrialisation Stronger regional …

… that country's oil sector; the legislation would … independently operate oil fields, market their own crude output, and … , Switzerland, that "Oil glut predictions are seriously exaggerated … and "If OPEC+ further unwinds cuts, spare capacity will …

… possibility of further interest rate cuts in an interview with Xinhua … the world's largest oil importer, China directly influences … of 2026. According to analysts, production could exceed demand by 4 … build-up of capacity by OPEC+ countries, as well as …