Reliance Industries shares in focus as oil swap with Venezuela resumes under U.S. license

Reliance Industries and Venezuela's PDVSA restarted oil swaps after a US license. A supertanker delivered Venezuelan crude to India. Reliance sent naphtha to PDVSA. Reliance Industries stock faces a potential yearly loss. This follows years of growth. The stock's decline contrasts with previous performance. Analysts cite slower growth and rising costs. The average target price suggests a potential upside.