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Crude Oil - US’ Bessent claims India scaled back Russian oil purchases after tariffs. What’s the truth?

US Treasury Secretary Scott Bessent has claimed India has slowed down its purchases of Russian crude oil after tariffs from US President Donald Trump. What do the numbers reveal?

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India’s Oil Import Bill Plunged 8.5 Per Cent In December As Global Crude Prices Tumbled

India spent $9.7 billion in December to purchase 20.8 million tonnes of crude oil, compared with $ 10.6 billion for ...

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Venezuelan crude oil likely to flow to US, Europe & India: Rystad Energy

The timeline of the latest conflict between the United States and Venezuela underscores a long term strategy focusing on securing supplies for the US Gulf Coast refineries with expectations that crude ...

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Crude oil futures fall as markets fear economic impact of Trump’s tariffs on Europe

Crude oil futures traded lower on Wednesday morning despite US President Donald Trump’s continued threats of fresh tariffs on European nations over the Greenland issue, as markets fear that such a ...

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Oil prices fall as risks from Kazakh production halt subside

Oil prices fell on Wednesday as an expected build-up of U.S. crude inventories outweighed a temporary halt in output at two large fields in Kazakhstan and geopolitical pressure from U.S. threats of ...

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