New Delhi, Jan. 9 -- Tensions mounted in Venezuela following recent US military strikes on Caracas and the capture of its President Nicolas Maduro and his wife, Cilia Flores.
According to a PTI report, a possible US-backed restructuring of Venezuela's oil industry could deliver a meaningful financial and strategic gain for India, including recovery of nearly US$1 bn in long-pending dues and a restart of crude production from fields involving Indian companies.
Here are three oil stocks that stand to benefit in some way as tensions ease, following the possibility of a US restructuring.
ONGC Videsh Ltd serves as the overseas arm of Oil and Natural Gas Corp. Ltd (ONGC), focusing on international oil and gas exploration, development, and pr...
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