Friday, April 24, 2026
Share of Canada, U.S. in India's January oil imports surges to record high: trade- oil and gas 360

Share of Canada, U.S. in India’s January oil imports surges to record high: trade

Reuters NEW DELHI – The share of Canada and the United States of America in India’s January oil imports surged to a record 11% while that of the Middle East and South America declined, data obtained from sources showed. Asia’s third-largest economy imported about 4.8 million barrels per day (bpd) oil in January, a decline of 6% from the previous

Oil producers eye long road to recovery as Texas begins to thaw- oil and gas 360

Oil producers eye long road to recovery as Texas begins to thaw

Reuters NEW YORK – Shale oil producers in the southern United States could take at least two weeks to restart the more than 2 million barrels per day (bpd) of crude output that shut down because of cold weather, as frozen pipes and power supply interruptions slow their recovery, sources said. The winter storm that gripped Texas and much of