A U.S. oil blockade on Venezuela could ‘devastate’ its economy and further pressure Maduro
Now that the U.S. has seized a Venezuelan oil tanker and President Donald Trump has declared an oil…
Tinubu replaces heads of two petroleum agencies, including NMDPRA chief accused of corruption
President Bola Tinubu has replaced the heads of two petroleum agencies, including one accused of corruption by Aliko…
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…
What action is Trump taking against Venezuela’s oil industry? | Venezuela
Donald Trump has intensified pressure on Venezuela’s president, Nicolas Maduro, and his government in a major escalation aimed…
Occidental Petroleum Shares Find Support Amid Geopolitical Tensions
Shares of Occidental Petroleum are trading higher today, staging a rebound following a period of intense selling pressure.…
EIA: Iraq ranks third in US crude oil imports in September
2025-12-17T13:04:55+00:00 font Enable Reading Mode A- A A+ Shafaq News – Washington Iraq ranked third among OPEC crude…
Oil News: Crude Oil Futures Rebound as Venezuela Blockade Shakes Oil Outlook
Geopolitical Firestorm Fuels Bullish Oil Prices Forecast The real spark today comes from fresh geopolitical tension. Crude jumped…
US oil industry doesn’t see profit in Trump’s “pro-petroleum” moves
Those efforts have reversed the Biden administration’s go-slow approach to oil drilling, reducing—though not completely eliminating—the backlog of…
Is Crude Oil a Good Investment for 2026?
A sunset over a fuel tanker by Sebastian via Pixabay With US stock indexes looking top-heavy, long-term investment…
Crude oil prices rebound 1.5% but trade below $60 per barrel: Where is it headed in near term?
Oil prices climbed over 1.5% on Wednesday after U.S. President Donald Trump announced a “total and complete” blockade…
Global oil prices hit four-year lows
Oil prices dropped below US$60 per barrel on Wednesday, December 17, 2025, marking their lowest level since February 2021, as renewed…
Asian shares gain, while oil prices jump as Trump orders a blockade of oil tankers to Venezuela
BANGKOK – Asian shares advanced on Wednesday as strong buying of technology shares helped lift some benchmarks, while…