The volume of Venezuelan oil exported under a flagship $2 billion supply deal with the U.S. reached about 7.8 million barrels on Wednesday, vessel‑tracking data and PDVSA documents showed, highlighting slow progress that has prevented the state oil company from fully...

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Mitsui O.S.K. Lines, Ltd. announced a cooperative effort with Tokio Marine Asset Management Co., Ltd. (TMAM; CEO: Kazuya Nagasawa) and Idemitsu Kosan Co., Ltd. (Representative Director and President: Noriaki Sakai), to launch a joint initiative to explore and advance...

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Indian refiners are redrawing crude import strategies to shift away from top supplier Russia and boost imports from the Middle East, a move that could help New Delhi clinch a trade deal with the United States to lower tariffs. India became the top buyer of discounted...

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“In 2025, China’s total import of crude oil rose 4.9% to 11.6 million barrels per day (mbpd) from 11.1 mbpd in 2024 according to data released by the General Administration of Customs (GACC) in China. Seaborne imports increased an estimated 4.0% year-on-year....

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Global liquefied natural gas (LNG) output is set to jump this year, easing constraints seen since the 2022 Ukraine war and dampening prices, which could spur demand including from top importers China and India, analysts say. This year marks the start of a large wave...

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