Oil
-
The United States and Venezuela announced an oil agreement that will give Washington broad control over a portion of Venezuela's oil production.
The United States and Venezuela announced an oil agreement that will give Washington broad control over a portion of Venezuela's oil production.
-
US Energy Secretary Wright Says China Won’t Have Claims to Venezuelan Oil Revenue
US Energy Secretary Chris Wright stated that China won’t have any debt claims to the revenue from new production, as private companies are on the cusp of signing a series of deals that will put Venezu
-
OPEC+ meeting on Sunday will not make any oil output policy decision, will focus on discussing market, three sources say
OPEC+ meeting on Sunday will not make any oil output policy decision, will focus on discussing market, three sources say
-
Stephen Schork: Replenishing US Strategic Petroleum Reserve with Venezuelan Oil Is "Pure Fantasy"
Stephen Schork stated that replenishing the U.S. Strategic Petroleum Reserve (SPR) with Venezuelan oil is "pure fantasy." He also discussed U.S. refining capacity and SPR levels.
-
Venezuela’s New Crop of Oil Barons Step Up the Dealmaking
The country’s next generation of tycoons looks very different to what came before.
-
WRIGHT expects Venezuela's oil output to exceed 1.5 million barrels per day by the first half of next year
WRIGHT expects Venezuela's oil output to exceed 1.5 million barrels per day by the first half of next year
-
WRIGHT: Over 17 Million Barrels of Oil Flowed Through Strait of Hormuz on Monday
WRIGHT: Over 17 Million Barrels of Oil Flowed Through Strait of Hormuz on Monday
-
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
-
U.S. Official: We Want to See Legitimate Oil Industry in Venezuela
U.S. Official: We Want to See Legitimate Oil Industry in Venezuela
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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.
-
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
-
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
-
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
-
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.
-
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
-
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.
-
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.
-
Iranian Foreign Minister Araghchi stated that U.S. engagement is a "positive step," and the implementation period for the Strait of Hormuz opening plan has been shortened to 2 days.
Iranian Foreign Minister Araghchi told Al Jazeera that the US attempt to open dialogue was a "positive step," but there were no plans to meet with US officials at present. He noted that the implementa
-
Russia's Novak says attacks on oil refineries will have negative impact on diesel fuel supplies to global market
Russia's Novak says attacks on oil refineries will have negative impact on diesel fuel supplies to global market
-
Strait of Hormuz tensions persist: Iran claims multiple oil tankers struck by mines, destroys enemy unmanned vessel; Oman Navy rescues crew.
Al Jazeera's latest report indicates that Iranian authorities have reported multiple incidents recently in and around the Strait of Hormuz. The Islamic Revolutionary Guard Corps Navy stated that it pr
-
Iran suspected of tactical shift, attacking oil tanker with limpet mines in Strait of Hormuz on Thursday, first time since 2019.
Iran suspected of tactical shift, attacking oil tanker with limpet mines in Strait of Hormuz on Thursday, first time since 2019.
-
Financial Times: ExxonMobil and Chevron Post Huge Profits, Warn on Diesel Supply, Attributing It to Trump's War in Iran Driving Up Refining Margins
The Financial Times reported that U.S. oil giants ExxonMobil and Chevron announced massive profits and issued warnings about diesel supplies. The report noted that U.S. oil companies are profiting fro
-
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
-
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
-
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
-
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
-
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.
-
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
-
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
-
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
-
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.
-
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.
-
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.
-
Trump: We're going to accept 1 million barrels of oil
Trump: We're going to accept 1 million barrels of oil
-
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.
-
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.
-
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
-
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.
-
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.
-
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
-
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.
- No data
Oil
24H Trending
-
1
Bitcoin Price Breaks $77,000: Multiple Factors Drive Current Rally
-
2
Al Jazeera: Israeli attacks on Gaza kill at least 4 Palestinians, UN Human Rights Office warns of ethnic cleansing risk
-
3
US banks are owed $349B by private credit funds, as PIK interest payments rise to 10% of loans
-
4
Bitcoin Spot ETF Status Review: Market Impact and Latest Data Post-Approval
-
5
Musk retweeted that as of October 31, the number of Starlink satellites has reached 11,184, accounting for 66% of the total active satellites globally.
-
6
Binance confirmed that it has transferred 7,499 Bitcoins to the SAFU fund, stating that it has recovered 90% of the stolen assets and pledged to rebuild the emergency fund to approximately $1 billion.
-
7
Nikkei Asia: Overseas entities' JPY bond issuance reaches a record $16 billion as the AI funding race spreads to Japan
-
8
Bitcoin staking protocol b14g says $97 million CORE drained, pauses contracts
-
9
Al Jazeera: Palestinian Man Succumbs to Injuries After Israeli Drone Strike in Gaza
-
10
SpaceXAI, the AI division of SpaceX, failed to dismiss an air pollution lawsuit filed by the NAACP, with the judge ruling that the case will proceed.
Markets Today
Recommended Reading

