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Oil
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U.S. official: Venezuela gave Cuba $40 billion-$64 billion worth of oil for free
U.S. official: Venezuela gave Cuba $40 billion-$64 billion worth of oil for free
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U.S. Official: We Want to See Legitimate Oil Industry in Venezuela
U.S. Official: We Want to See Legitimate Oil Industry in Venezuela
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Mideast oil-producing nations scramble for pipeline alternatives to Hormuz
Qatar and Kuwait face a tough road finding bypass routes for exports, while Iraq is working to refurbish a pipeline connection to Syria with U.S. help. Japan is also preparing to support efforts by Sa
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Russia slashes 2026 oil production forecast to 494.2 million tons, the lowest since 2009
The downgrade reflects Ukrainian drone attacks, refinery disruptions, and export constraints linked to the war. Crude exports are forecast to rise to 244.7 million tons, while fuel exports are expecte
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Jim Cramer says interest rate cuts look unlikely given current backdrop
Jim Cramer says he doesn't see how interest rates can fall given the current backdrop. He points to Warsh's tough inflation stance, the ongoing war, U.S. allies' dependence on American support, and ra
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The Trump administration announced a historic oil deal with Venezuela, gaining majority control over the country's more than 65 billion barrels of oil reserves.
The White House announced that the agreement, implemented through the private oil company North American Blue Energy Partners (NABEP), grants the U.S. government a 35% equity stake in NABEP's parent c
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Oil Names Mix With AI Stocks On Elite Screen As Three Trade Near Buy Points
An elite screen by Investor's Business Daily (IBD) highlighted oil and AI stocks, with three trading near buy points due to strong relative performance. The screen also noted shipping stocks gaining m
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Trump to meet with oil executives to discuss cutting gasoline prices
President Donald Trump is expected to meet with executives from oil companies at the White House on Tuesday. The discussion will focus on reducing gasoline prices, as his administration and Republican
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S&P Global Energy: Strait of Hormuz disruption sends tanker rates to record highs, with the Middle East Gulf-Japan LR2 tanker benchmark freight rate reaching $107.72/ton on August 27.
S&P Global Energy reported that tanker freight rates have surged to record levels due to restricted traffic in the Strait of Hormuz and a tight supply of vessels. Since the outbreak of the US-Iran con
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Major UAE Oil Refinery Returns to Full Capacity After War Hit
Abu Dhabi National Oil Co. has restored to full capacity one of the world’s biggest oil refineries that was hit earlier in the regional war.
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Asian Refiners Turn to Argentina for Oil Supply as Iran War Disrupts Middle East Shipments
Asian crude oil importers, including China, Japan, and South Korea, are purchasing oil from Argentina to offset supply losses from the Middle East due to the ongoing Iran war. This shift allows them t
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Former Venezuelan President Maduro Releases First Photos Since US Detention
Maduro posted two photos on Sunday via social media X and Telegram, showing him in a grey tracksuit, making peace signs with both hands, and a caption stating "We remain steadfast." The photo timestam
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Trump administration's deal grants US-led venture access to 65 billion barrels of Venezuelan oil, raising questions about its political durability
The agreement could reshape the economic relationship between the two countries and potentially encourage US investment, helping to restore Venezuela’s energy sector. However, its long-term political
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Colombia's Gilinski Family and GeoPark Nearing Venezuela Oil Deal
Colombia's richest Gilinski family is nearing an oil deal in Venezuela with Bogota-based GeoPark Ltd., in which the family holds a 28% stake as the largest shareholder.
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Iran's President Pezeshkian: Iran Sold About 90 Million Barrels of Oil During Interim Deal Implementation
Iran's President Pezeshkian: Iran Sold About 90 Million Barrels of Oil During Interim Deal Implementation
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China's oil majors reveal the nation is becoming less reliant on imports
This trend could signal a bigger problem for global crude exporters than it does for Beijing.
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Axios Reports US Nears Deal for Stake in Venezuela Oil Fields
The Trump administration is in talks with Venezuela to take an ownership stake in the Latin American nation’s oil fields, Axios reported.
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Iran's Oil Minister says oil exports continue despite volume decline, citing security concerns for lack of details.
Iran's Oil Minister says oil exports continue despite volume decline, citing security concerns for lack of details.
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OPEC+'s share of global oil production fell to about 40% in July, down from over 48% before the conflict, indicating a shift in oil market dominance from supply to demand.
According to Reuters' calculations based on International Energy Agency (IEA) data, OPEC+'s share of global oil production has fallen from over 48% before the Middle East conflict at the end of Februa
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India's ONGC Targets Tenfold Oil Output Boost in Venezuela
India's state-owned Oil and Natural Gas Corporation (ONGC) plans to invest $200 million to revive production at the San Cristobal oilfield in Venezuela. The company aims to boost output from the curre
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Aker BP begins production at Skarv Satellites in Norwegian Sea, bringing 120 MBOE resources online a year ahead of schedule
Aker BP has commenced production from the Alve Nord, Idun Nord, and Ørn fields, which are part of the Skarv Satellite Project. These developments hold nearly 120 million barrels of oil equivalent (mbo
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Saudi Arabia shifts oil exports to Persian Gulf ports, bypassing Red Sea due to Houthi threats
Saudi Arabia is sharply increasing oil loadings from its Persian Gulf ports, with around 7 million barrels of shipping capacity loading at Ras Tanura on Tuesday. This move comes as Houthi threats disr
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Donald Trump said the Strait of Hormuz is operating normally, with 10 million barrels of oil flowing out yesterday.
Donald Trump said the Strait of Hormuz is operating normally, with 10 million barrels of oil flowing out yesterday.
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Satellite Image Shows Surge in Iraq’s Persian Gulf Oil Loadings
Oil loadings from Iraq’s export installations in the Persian Gulf jumped on Monday with seven tankers collecting the nation’s cargoes, signaling that regional flows might be climbing.
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Chinese state-owned oil giants improve profits, gaining more "firepower" to boost energy security
Chinese state-owned oil giants improve profits, gaining more "firepower" to boost energy security
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Houthi rebels claim responsibility for attacks on six Saudi airports and oil facilities, including the Ras Tanura and Abqaiq refineries.
The Houthi movement claimed responsibility for attacks on six airports and oil facilities in Saudi Arabia, including the Ras Tanura and Abqaiq refineries. This attack occurred earlier this week after
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Iran's IRGC says four tankers struck naval mines in Strait of Hormuz after using "unauthorised" routes
Iran's IRGC says four tankers struck naval mines in Strait of Hormuz after using "unauthorised" routes
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EU Energy Commissioner warns: No oil and gas shortages expected, but rising prices will make it difficult for citizens to pay bills this winter.
EU Energy Commissioner Dan Jorgensen warned that while oil and gas supply shortages are not expected, rising prices will make it difficult for many EU citizens to pay their bills this winter. Followin
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ExxonMobil and Chevron have withdrawn from next month's Abu Dhabi oil conference due to escalating security concerns in the Middle East.
ExxonMobil and Chevron have withdrawn from next month's Abu Dhabi oil conference due to escalating security concerns in the Middle East.
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IRGC says 3 tankers caught fire in Strait of Hormuz after hitting mines, warns shipping operators
Three tankers have caught fire while passing through the Strait of Hormuz after hitting mines over the past 24 hours, according to the Islamic Revolutionary Guard Corps (IRGC) Navy. The IRGC navy says
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SK Innovation's Q3 operating profit surges 532.5% to $2.3 billion on strong oil, lubricants margins
SK Innovation's Q3 operating profit surges 532.5% to $2.3 billion on strong oil, lubricants margins
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President Trump announces the arrival of the first one million barrels of oil in Texas, secured through a historic deal with Venezuela, stating it gives the US control over a massive part of the world's oil supply.
President Trump announced yesterday in Corpus Christi, Texas, the arrival of the first one million barrels of oil secured by his administration as part of a historic deal with Venezuela. This oil, arr
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Donald Trump will announce a relaxation of regulations on methane leaks from oil companies, according to The Washington Post.
Donald Trump will announce a relaxation of regulations on methane leaks from oil companies, according to The Washington Post.
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According to the Financial Times, Washington is discussing deals between US oil majors and Russia in Ukraine peace talks.
According to the Financial Times, Washington is discussing deals between US oil majors and Russia in Ukraine peace talks.
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Saudi Aramco is offering spot crude oil to European buyers for this month and next to compensate for supply losses caused by the shutdown of a key export pipeline.
Saudi Aramco is offering spot crude oil to European buyers for this month and next to compensate for supply losses caused by the shutdown of a key export pipeline.
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Trump: We're going to accept 1 million barrels of oil
Trump: We're going to accept 1 million barrels of oil
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Donald Trump stated that he believes he will visit an oil tanker carrying Venezuelan oil in Texas, and that he thinks Rubio will accompany him.
Donald Trump stated that he believes he will visit an oil tanker carrying Venezuelan oil in Texas, and that he thinks Rubio will accompany him.
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Russian oil exports reached a one-month high, primarily due to a strong rebound in shipments from the Baltic port of Primorsk last week, though this was not enough to boost overall four-week flows.
Russian oil exports reached a one-month high, primarily due to a strong rebound in shipments from the Baltic port of Primorsk last week, though this was not enough to boost overall four-week flows.
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Iran’s Persian Gulf Strait Authority said it would take “legal action” against tankers belonging to Sinokor, the world’s biggest oil tanker owner that has carried millions of barrels out of the Strait of Hormuz in recent weeks.
Iran’s Persian Gulf Strait Authority said it would take “legal action” against tankers belonging to Sinokor, the world’s biggest oil tanker owner that has carried millions of barrels out of the Strait
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OPEC+ is expected to maintain its oil output targets at Sunday's meeting, sources said.
OPEC+ is expected to maintain its oil output targets at Sunday's meeting, sources said.
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Saudi Arabia has brought a fire under control following an attack near the Ras Tanura oil hub.
Saudi Arabia has brought a fire under control following an attack near the Ras Tanura oil hub.
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Venezuelan opposition leader Maria Machado has returned to the country after 10 months in exile
Venezuelan opposition leader Maria Machado has returned to the country after 10 months in exile, having previously been blocked from returning multiple times by both the Venezuelan government and the
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Oil fell for a second day as intensified diplomatic efforts eased concerns about a potential escalation of the U.S.-Iran conflict.
Oil fell for a second day as intensified diplomatic efforts eased concerns about a potential escalation of the U.S.-Iran conflict.
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U.S. Strategic Petroleum Reserve fell to 282.6 million barrels last week, the lowest level since 1982.
U.S. Strategic Petroleum Reserve fell to 282.6 million barrels last week, the lowest level since 1982.
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Algeria's parliament has approved the deployment of troops to neighboring Niger
Algeria's parliament has approved the deployment of troops to neighboring Niger, marking the country's first foreign military deployment in 50 years and a significant shift in its non-interventionist
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HSBC announced that it has downgraded its overweight rating on gold while upgrading its rating on oil to a clear overweight.
HSBC announced that it has downgraded its overweight rating on gold while upgrading its rating on oil to a clear overweight.
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Singapore and Saudi Aramco have agreed to store Saudi oil in rock caverns, aiming to secure energy supplies for Southeast Asia amid disruption from the Middle East war.
Singapore and Saudi Aramco have agreed to store Saudi oil in rock caverns, aiming to secure energy supplies for Southeast Asia amid disruption from the Middle East war.
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Central Command (CENTCOM), lauded the U.S. role in the export of 1.5 billion barrels of oil through the Strait of Hormuz
Admiral Brad Cooper, Commander of U.S. Central Command (CENTCOM), lauded the U.S. role in the export of 1.5 billion barrels of oil through the Strait of Hormuz. Since the outbreak of the U.S.-Israeli
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Oil
24H Trending
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The 10-year U.S. Treasury yield is down approximately 8 basis points from its previous close, currently at 4.96%.
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Google and Microsoft's Q3 capital expenditure falls short of estimates, raising concerns about AI build-out costs and delays
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Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
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New ECB staff estimates show bond yield rise cutting 2027-28 growth by a cumulative 100 BPS and inflation by 90 BPS vs Sept baseline.
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Iranian President Pezeshkian stated that Iran is ready to expand cooperation with Turkey to serve common interests and enhance regional security.
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Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
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Israel continues its attacks on Gaza, with the Gaza Ministry of Health stating that dozens have died while awaiting permission to leave, renewing calls to open the Rafah crossing.
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DBS Hong Kong to launch DBS Vantage Card, Hong Kong's first Visa Infinite Privilege Card
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Unlimit founder backs Phase blockchain with $45M as mainnet launches
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onXRP Team to Launch New Trading Method on XRP Ledger Next Week
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