oil – 9xm News

Indian Oil Shares Rise on Over Six-Fold Q3 Profit Jump | Udaipur Kiran

Mumbai, January 6 (Udaipur Kiran): Shares of indian oil Corporation traded higher on the BSE after the company reported a sharp jump in its consolidated net profit for the third quarter of FY26. Indian Oil Corporation was trading at Rs 177.35, up by Rs 1.60 or 0.91 per cent from its previous close of Rs […]

Saudi Arabia’s oil giant Saudi Aramco raises $4 billion: Shakes global markets, has Wall Street buzzing

Saudi Aramco Just Raised $4 Billion And Global Investors Are Rushing In Saudi Arabia’s oil giant, Saudi Aramco, has successfully completed a major $4 billion bond issuance, underscoring strong investor confidence in the company’s financial stability and its strategic capital management approach. The multi-tranche bond sale, a part of Aramco’s Global Medium Term Note Programme, […]

Russian oil goes to India, Europeans buy refined products from them: Scott Bessent

Treasury secretary Scott Bessent said the US made much bigger sacrifices than the European countries in the Russia-Ukraine conflict. “We have put 25% tariffs on India for buying Russian oil. Guess what happened last week? The Europeans signed a trade deal with India,” Bessent said, explaining that Russian oil goes to India and then Europeans […]

Iran’s shadow fleet: Nine tankers sanctioned by US over oil trade

Representative image (AI) The United States on Friday imposed fresh sanctions on a fleet of nine ships and their owners for allegedly transporting hundreds of millions of dollars’ worth of sanctioned Iranian oil to foreign markets. The move marks a further escalation of pressure on Tehran amid ongoing unrest and a nationwide crackdown in Iran.The […]

Drone attack: Russian oil port blasts, fuel tanks damaged in attack by Ukraine; 3 killed

An oil terminal near the village of Volna in Russia’s Krasnodar Krai was struck late Wednesday by Ukrainian drones, triggering a major fire that killed at least three people and injured several others, according to Russian authorities.Krasnodar region governor Veniamin Kondratyev said four oil product tanks caught fire following the strike. Emergency services said the […]

US shields Venezuelan oil revenue as Trump signs executive order for investment in the nation’s oil sector

US President Donald Trump on Saturday signed an executive order meant to declare a national emergency and safeguard Venezuelan oil revenue held in US accounts, taking another step to control future sales of Venezuelan oil.The executive order effectively blocked the oil revenue from the Latin American country’s creditors and prevented its seizure to satisfy debts […]

‘Happy Trump’: Trump wears own lapel pin for meeting on Venezuelan oil | World News

Happiness means different things to different people. For someone craving sugar, it might be a bar of chocolate. For someone with a burning stomach, it could be a chilled lemonade. For someone having a bad day, maybe it is a beer. For a hungry beast, it could be a deep-fried chicken leg, dripping with oil. […]

‘Owning the sea’: Moment US forces intercepted sanctioned oil tanker in Caribbean Sea – watch

The United States has intercepted and seized another sanctioned oil tanker at sea, escalating its enforcement campaign against so-called “ghost fleet” vessels accused of moving embargoed crude and drawing sharp criticism from Moscow. This was the fifth such interception under Trump’s administration aim to control the distribution of Venezuela’s oil products.The latest operation, carried out […]

‘Our gratitude’: Moscow says US to release two Russian crew members from seized oil tanker; move after request to Trump

The Russian-flagged tanker was seized on Wednesday Russia announced on Friday that the United States will release two Russian crew members from a Russian-flagged oil tanker seized by US forces in the Atlantic Ocean two days ago.“In response to our request, US President Donald Trump has decided to release two Russian citizens aboard the Marinera […]

Oil tanker row: Moscow condemns US seizure of Russian-flagged vessel; cites violation of maritime law

Moscow condemns US seizure of Russian-flagged vessel Russia on Wednesday strongly condemned the seizure of a Russian-flagged oil tanker by US military forces, asserting that Washington had no legal right to use force against a vessel lawfully registered under another country’s jurisdiction on the high seas.In a statement issued on Telegram, Russia’s ministry of transport […]