Vitol to Load First Venezuela Diluent Cargo This Weekend

Commodities trader Vitol is set to load its first cargo of naphtha from the U. S. Gulf Coast to Venezuela this weekend as part...

French Aerospace Warns of Supply Chain ‘Weaponisation’ Amid China Reliance

France’s aerospace industry expressed growing concern over the “weaponisation” of global supply chains as geopolitical tensions rise, particularly around rare earth elements. Olivier Andries,...

Oil Holds, Stocks Dip Amid Geopolitics and U.S. Jobs Data

Oil prices steadied on Thursday following a recent slide, as investors balanced concerns about higher Venezuelan output against potential U.S. restrictions. U.S. crude rose...

Japan Protests China’s Ban on Dual-Use Exports

Japan on Wednesday condemned China’s decision to ban exports of dual-use items goods and technologies with both civilian and military applications to the country,...

Trump Unveils Plan to Sell Venezuelan Oil Amid U.S. Coordination With Caracas

President Donald Trump announced a plan on Tuesday to refine and sell 30–50 million barrels of Venezuelan crude oil that had been trapped in...

Venezuela, U.S. Strike $2 Billion Oil Export Deal

The United States and Venezuela have reached an agreement allowing the export of up to $2 billion worth of Venezuelan crude oil to U.S....

Trump to Meet U.S. Oil Giants After Maduro Ouster, Eyes Venezuela Oil Revival

The Trump administration is planning meetings with top U.S. oil companies to discuss reviving Venezuela’s oil industry following the dramatic U.S. military operation that...

A Test of the US Blockade: Venezuelan Oil Convoy Sets Sail

Since the start of the year, around a dozen oil tankers have left Venezuela's waters with crude and fuel, seemingly ignoring the U. S....

OPEC+ Maintains Oil Output, Defying Internal Discord

OPEC+ decided to keep oil production steady during its recent meeting, despite political issues between Saudi Arabia and the UAE, and the U. S....

Trump Unveils Plan for US Oil Giants to Pour Billions into Venezuela

President Donald Trump announced that American oil companies would invest in Venezuela to restore its oil production after Nicolás Maduro was captured by U....

Latest