Author name: Siim

Trump’s Plan To Seize And Revitalize Venezuela’s Oil Industry Faces Major Hurdles

Trump’s Plan To Seize And Revitalize Venezuela’s Oil Industry Faces Major Hurdles

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President Donald Trump’s plan to take control of Venezuela’s oil industry and ask American companies to revitalize it after capturing President Nicolás Maduro in a raid isn’t likely to have a significant immediate impact on oil prices. Venezuela’s oil industry is in disrepair after years of neglect and international sanctions, so it could take years […]

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‎Oil drops over 2.5% as investors assess Russia-Ukraine peace talks

‎Oil drops over 2.5% as investors assess Russia-Ukraine peace talks

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Oil drilling rigs Oil prices retreated at the close of Friday’s trading as investors assessed market prospects, alongside peace talks between Russia and Ukraine and rising tensions between the United States and Venezuela. Brent crude futures for February delivery fell 2.57%, or $1.60, to $60.64 per barrel, recording a weekly loss of 0.28%. Meanwhile, US

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UAE stock markets slip on thin year-end trading despite weekly gains

UAE stock markets slip on thin year-end trading despite weekly gains

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Abu Dhabi and Dubai indices close lower on Friday but post positive weekly performance amid oil price rebound The post UAE stock markets slip on thin year-end trading despite weekly gains appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More… https://www.arabianbusiness.com/markets/uae-stock-markets-slip-on-thin-year-end-trading-despite-weekly-gains

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World’s First HarmonyOS-Powered Gasoline Car: Dongfeng Nissan Teana Surpasses 10,000 Orders in Its First Month

World’s First HarmonyOS-Powered Gasoline Car: Dongfeng Nissan Teana Surpasses 10,000 Orders in Its First Month

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Published: December 22, 2025 Reading Time: 1 min read Dongfeng Nissan’s latest Teana has made a strong market debut, becoming the world’s first gasoline sedan powered by Huawei’s HarmonyOS cockpit. December 21, 2025 — Dongfeng Nissan announced that the Teana HarmonyOS Cockpit Edition has exceeded 10,432 cumulative orders within just one month of launch. The

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Oil firms to lower pump prices on December 23

Oil firms to lower pump prices on December 23

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MANILA, Philippines — Oil companies will lower their pump prices on Tuesday, December 23, as global markets reacted to a looming oil oversupply.Shell, Seaoil, Cleanfuel and Petrogazz said that gasoline prices will go down by P0.80 per liter and diesel by P1.30 per liter. The cost of kerosene will drop by P1.60 per liter.Last week… https://www.manilatimes.net/2025/12/22/news/oil-firms-to-lower-pump-prices-on-december-23/2247719

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LIVE: Oil Prices Surge 2.5% as Trump Orders Blockade of Venezuelan Tankers

LIVE: Oil Prices Surge 2.5% as Trump Orders Blockade of Venezuelan Tankers

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Live By Charles Kennedy – Dec 17, 2025, 4:23 AM CST Updated: Dec 17, 2025, 7:12 AM CST Trump’s announcement of a blockade on sanctioned Venezuelan tankers pushed WTI crude up more than 2.4%, reflecting heightened geopolitical risk premiums. The move could ultimately disrupt a sizable share of Venezuela’s exports, cutting into global supply. Despite

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