IOCL Chairman A S Sahney confirms the company's readiness to process Venezuelan crude if it becomes available, highlighting refinery robustness.

While any investment by US companies in rejuvenating Venezuelan oil production could take time, Gulf Coast refiners are well positioned to hoover up crude shipments as soon as sanctions are eased and ...

Indian Oil Corporation is ready to process Venezuelan crude if supplies resume, recalling past imports. The company's robust ...

The timeline of the latest conflict between the United States and Venezuela underscores a long term strategy focusing on ...

By Georgina McCartney and Arathy Somasekhar HOUSTON, Jan 21 (Reuters) - Valero has bought a cargo of Venezuelan crude oil, ...

By Arathy Somasekhar and Georgina McCartney HOUSTON, Jan 6 (Reuters) - A full-scale resumption of Venezuelan oil exports would benefit refiners in the United States and lower their fuel production ...

Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The answer involves nationalizations, sanctions and crude that's harder to ...

The White House has indicated it is prepared to allow India to buy Venezuelan oil under a new US-controlled framework, ...

Crude oil inventories in the United States increased by 3.4 million barrels during the week ending January 14, according to ...

The U.S. pumps more crude than any other nation in the world but it still wants Venezuela's oil. Here's why.

American oil refiners stand to be big beneficiaries if Venezuela's vast crude reserves eventually flow more freely into the ...