Oil prices/Crude oil

Indian refiners avoid Russian oil in push for US trade deal

Indian refiners are avoiding Russian oil purchases for delivery in April and are expected to stay away from such trades for longer.

Venezuelan expats who helped propel Canada oil sands growth see return home as unlikely

Venezuelan expat Luis Cabana poses near his apartment in Ottawa, Ontario, Canada, January 28, 2026. Picture taken with a mobile phone. REUTERS/Kyaw Soe Oo

US soon to issue general license for oil production in Venezuela, sources say

President Donald Trump has said the US intends to control Venezuela’s oil sales and revenues indefinitely since US forces seized Nicolas Maduro.

US authorises US diluent supply to Venezuela oil sector

Malaysia releases tankers suspected of transferring illegal crude oil worth US$129 million

EU sanctioned oil tanker Rcelebra sailing along Sentosa on Feb 3.

Trump says Mexico will stop sending oil to energy-starved Cuba

FILE PHOTO: A floating power plant is docked on Havana Bay, after U.S. President Donald Trump vowed to stop Venezuelan oil and money from reaching the island as Cubans brace for worsening fuel shortages amid regular power outages, in Havana, Cuba January 12, 2026. REUTERS/Norlys Perez/File Photo

Exxon, Chevron clock best month since 2022 as crude oil surges

Exxon is up 18 per cent in January and Chevron higher by 16 per cent – the best monthly performance for both companies since October 2022.

While You Were Sleeping: 5 stories you might have missed, Feb 1, 2026

A photo of five-year-old Liam Conejo Ramos being arrested by ICE officials in his blue bunny hat went viral on social media.

Malaysia seizes tankers with $160 million worth of crude

The two tankers, anchored north of the port of Penang, were intercepted on Jan 29 following a tip-off.

US pitches Venezuelan crude to India as its Russian oil imports slow: Sources

The US effort to supply Venezuelan crude to India comes as Washington seeks to reduce Russian oil revenues that are funding the war in Ukraine.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.