US Oil

India's import of US oil jumps 10-fold to 250,000 bpd: US Energy Secretary

India began importing crude oil from the US in 2017 as it looked to diversify its import basket beyond the OPEC nations

Updated On: 26 Feb 2020 | 2:04 AM IST

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Three years after $1-billion Venezuela deal, US oil firm shuts doors

Horizontal never completed the wells, its financial backer took a provision for losses on the loan, and Venezuela's production continued to fall

Updated On: 12 Jan 2020 | 1:06 AM IST

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China buys US oil despite trade war as sanctions hit Iran, Venezuela

American oil exporters are emerging as the beneficiary of global supply disruptions and a collective output-curb decision by OPEC and its allies

Updated On: 26 Jun 2019 | 11:39 PM IST

Indian Oil signs first annual deal to buy up to 3 million tonnes of US oil

IOC had previously purchased U.S. oil from spot markets and signed a mini-term deal in August to buy 6 million barrels of U.S. oil between November to January.

Updated On: 18 Feb 2019 | 10:57 PM IST