Venezuelan oil

Latest news and articles about Venezuelan oil from NEX English

India to Increase Imports of Venezuelan and Russian Oil

India is preparing to import the largest quantity of Venezuelan crude oil in six years, aiming to compensate for supply shortages from the Middle East due to ongoing conflicts. More than 12 million barrels are expected to arrive in India this month.

Reliance Acquires Venezuelan Oil Directly from PDVSA

Reliance Industries of India has announced its acquisition of Venezuelan oil directly from the state-owned company PDVSA, marking a significant shift in trade relations between India and Venezuela. This move comes at a time when Venezuela is facing severe economic sanctions.