Peru Eyes Splitting $6 Billion Refinery From State Oil Firm
(Bloomberg) — Peru’s government is exploring splitting the assets of its ailing state-owned oil company, including a new…
US Sanctions Chinese Companies, Tankers With Venezuela Links
(Bloomberg) — The Trump administration stepped up a pressure campaign against Venezuela’s oil exports by sanctioning companies based…
Russia and Ukraine Trade Strikes on Black Sea Ports
(Bloomberg) — Russia and Ukraine struck each other’s Black Sea ports overnight, damaging infrastructure including an oil refinery.…
US Crude, Product Inventories Rise Again
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of…
US Says It Intercepted Second Tanker in Venezuela Blockade
(Bloomberg) — The US Coast Guard stopped and boarded an oil tanker in the Caribbean early Saturday that…
EIA Reports Modest U.S. Crude Draw after API Surprise
By Julianne Geiger – Dec 17, 2025, 9:39 AM CST Crude oil inventories in the United States decreased…
TotalEnergies CEO Says Growing Demand Will Underpin Oil
(Bloomberg) — TotalEnergies SE Chief Executive Officer Patrick Pouyanne said rising demand for oil will help to underpin…
The Real Reason Behind U.S. Resuming Iraqi Kurdistan Oil Imports
An oil tanker carrying crude from the Kurdistan Region of Iraq (KRI) unloaded its cargo at a U.S.…
Tokyo Gas to Invest in US Downstream Assets to Drive Growth
(Bloomberg) — Tokyo Gas Co., Japan’s biggest distributor of the fuel, plans to invest in US downstream assets…
China Upends the Weak Oil-Demand Narrative
China’s latest oil import data has been rather bullish, with November imports rising 5% year on year. Not…
Turkey Eyes US Gas Field Investments After Wave of LNG Deals
(Bloomberg) — Turkey is exploring investments in US oil and gas fields as it accelerates a sweeping overhaul…
Murban’s Growing Market Depth Puts It Head-to-Head With WTI in Asia
Back in 2016, Murban crude was introduced into the Dubai basket, along with Al-Shaheen, as a response to…