Reliance gets US licence to directly buy Venezuela oil

Global trading houses, Vitol and Trafigura, became the first ones to obtain US licences to load and export Venezuelan oil. Illustration: Dado Ruvic/Reuters Key Points Venezuela produces only about 0.8 per cent of global crude Indian refiners are seeking steep

Q3 earnings, global trends to drive stock markets this week

Trading pattern in the stock market this week will largely depend on the ongoing Q3 earnings announcement from corporates, global trends, and foreign fund movement, analysts said. Illustration: Uttam Ghosh Moreover, geopolitical developments and any update on trade negotiations would