Weekly Energy Market Situation—December 16, 2025
Record U.S Natural Gas Exports Have Bearish Implications for Petroleum Petroleum prices under pressure ULSD futures backwardation in…
PDVSA Faces Pricing Pressure as Tanker Seizure Disrupts Crude Flows
Venezuela’s state oil company PDVSA is facing wider crude discounts, stuck cargoes, and growing pressure from buyers to…
U.S. oil prices under $55 a barrel lowest since 2021
Motor oil on display and ready to be sold in Nov. 2021 at a gas station in New…
Assets of five petroleum companies frozen by order of the Head of the Anti–Money Laundering Authority
By order of the Head of the Independent Authority for Money Laundering and former Deputy Prosecutor of the…
Fuel retailers urged to pass on savings as oil prices fall below $60 a barrel | Petrol prices
Fuel retailers are under pressure to cut their pump prices after oil prices fell below $60 a barrel…
Oil hits lowest since May, on pace for biggest decline in 7 years
Oil prices held on to most gains from the previous session in early trading on Thursday as investors…
ZEN Petroleum wins best mining supplier at 11th GMI Awards
ZEN Petroleum’s emergence as the Best Performer in Mine Supplies and Support Services at the 11th Ghana Mining…
Brent crude slides on peace talk optimism and demand concerns
Brent crude oil fell to 60.00 USD per barrel on Tuesday, marking its lowest price since early 2021.…
Azerbaijan Boosts Oil Product Exports by Nearly 30%
According to customs declarations, Azerbaijan exported 671,080.85 tons of petroleum products from January to November this year, according…
After U.S. Bust, Four Tankers Turn Around Instead of Calling in Venezuela
Venezuela’s oil exports are coming under heavy pressure after the U.S. seized the VLCC Skipper off the…
Crude prices plunge on peace hopes and China slump
2025-12-16T05:35:35+00:00 font Enable Reading Mode A- A A+ Shafaq News Oil prices fell on Tuesday, adding to the…
Is Occidental’s AI Push at Energy LIVE Reframing Its Long-Term Efficiency Story for OXY Investors?
Occidental Petroleum recently participated in the Energy LIVE Conference 2025 in Houston, where Manager of Advanced Analytics and…