Oil prices rose early on Friday as protests in Iran continued to escalate, unnerving market participants that one of the biggest oil producers in the Middle East could see supply threatened. Both the WTI and Brent benchmarks traded about 0.7% higher as of 8:05 a.m. ET, as the market assessed potential risks to supply from […]
Oil prices rise as protests in Iran escalate Read More »
Aramco Saudi Aramco has introduced 98-octane gasoline at SR2.88 per liter, expanding consumer fuel choices and diversifying the company’s product portfolio, according to Saudi Gazette. The step marks a significant milestone toward broadening consumer fuel choices and diversifying the company’s portfolio, while ensuring existing products remain unaffected. In the first phase, Saudi Aramco will introduce
Saudi Aramco Launches 98‑Octane Gasoline at SR2.88 per Liter Read More »
Oil drilling rigs Oil prices rose on Friday, heading for a third consecutive weekly gain, amid uncertainty over future supplies from Venezuela and escalating geopolitical tensions in Europe and the Middle East. March Brent futures climbed about 0.75%, or 48 cents, to $62.47 a barrel by 09:08 am KSA time. February WTI futures also gained
Oil rises, set for 3rd weekly gain on supply uncertainty Read More »
Home World News Low oil prices driven by weak demand and oversupply despite conflicts: Ian Bremmer Eurasia Group president says geopolitical tensions, tariff disputes and US moves in Venezuela have not altered oil market dynamics, while China bets on post-carbon energy. Oil prices remain low due to weak demand and high supply, even as geopolitical
Low oil prices driven by weak demand and oversupply despite conflicts: Ian Bremmer Read More »
North American oil prices fell on the news of more supplies hitting the market Published Jan 08, 2026 Last updated 9 hours ago 6 minute read Premier Scott Moe says the United States’ military intervention in Venezuela and the possible takeover of the country’s oil resources has heightened the need to enhance export capacity for Canadian
The capture of former Venezuelan president Nicolás Maduro by the US intelligence services and armed forces has resulted in a frenzy of speculation about its consequences. But there is no doubt that the events were closely linked to the oil riches of the country. While the political situation in Venezuela remains fluid, there is far
What the US strike on Venezuela could mean for global oil prices Read More »
Stock futures and oil prices edged higher on Sunday evening as investors began to digest the implications of the U.S. military raid on Venezuela that captured Nicolas Maduro. While the country has the world’s largest proven oil reserves, production has been waning for years amid U.S. sanctions, mismanagement by the Maduro regime, and underinvestment. President
Article content NEW YORK (AP) — Wall Street and other global markets are starting the new year on an upbeat note. The S&P 500 rose 0.4% early Friday, coming off a gain of more than 16% in 2025. The Nasdaq added 1%. But the Dow fell 60 points, or 0.1%. Benchmarks in Britain and South
By Robert Rapier – Dec 31, 2025, 6:00 PM CST Energy fundamentals, rather than policy narratives or geopolitics, dominated outcomes across oil, gas, and power markets. Infrastructure constraints, especially grids and LNG capacity, emerged as decisive bottlenecks for growth and transition. The energy transition continued, but more slowly and unevenly, as economics, reliability, and consumer
The 10 Most Important Energy Stories of 2025 Read More »
By Charles Kennedy – Dec 28, 2025, 6:36 PM CST Oil prices climbed in early Asian trading on Monday, as Russia attacked a key heating plant in Kherson and Ukraine targeted a Russian oil refinery. The strikes dampened hopes of a Russia-Ukraine peace deal, even as Trump and Zelensky claimed progress on a 20-point peace
Oil Prices Edge Higher as Energy Strikes Darken Russia-Ukraine Peace Hopes Read More »
