Venezuelan oil finds home in India as US shuns shipments

While flows to the US came to a halt, India became the No. 1 buyer of Venezuelan crude in the first half of February, with imports jumping 66 per cent to 620,000 barrels a day. Refiners Reliance Industries Ltd (RIL) and Nayara Energy Ltd, which is backed by Rosneft Oil Co PJSC, are driving the boost.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://timesofindia.indiatimes.com/business/india-business/venezuelan-oil-finds-home-in-india-as-us-shuns-shipments/articleshow/68045588.cms

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