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 […]
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
Trump’s Plan To Seize And Revitalize Venezuela’s Oil Industry Faces Major Hurdles Read More »
Oil drilling rigs Oil prices fell on Friday, posting weekly losses amid uncertain market prospects, despite escalating geopolitical tensions and ahead of a key meeting of the OPEC+ alliance. Brent crude futures for March delivery declined 0.16%, or 10 cents, to $60.75 per barrel, marking a 0.18% loss for the week. Meanwhile, US WTI crude
Oil prices fall despite rising geopolitical tensions Read More »
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From Cummins’ Gasoline Engine to Struck Mini Dozers – Our Top 10 Stories of 2025 Read More »
Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] NEW YORK (AP) — U.S. stocks eked out small gains on Wall Street Friday in a wobbly day of trading to kick off the new year. Markets were mostly quiet on the first trading day of 2026, with the influential technology sector driving much of the up-and-down
Asian shares advance in upbeat start to 2026 Read More »
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
West Texas Intermediate (WTI) Oil price holds ground after registering modest losses in the previous trading session, hovering near $57.50 during the Asian hours on Friday. Traders are awaiting Sunday’s virtual meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC+), with expectations that the group will uphold its November decision to
WTI steadies near $57.50 as traders await OPEC+ meeting Read More »
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 »
Here’s a quick roundup of today’s top stories: Diesel, kerosene prices climb as 2025 closes Motorists will see higher fuel costs to close the year as diesel and kerosene prices are set to go up this week, adding pressure on transport and household expenses during the busy holiday travel period… https://www.inquirer.net/463938/inqtoday-bersamin-slams-inclusion-in-cabral-files/
INQToday: Bersamin slams inclusion in ‘Cabral files’ 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 »
