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The Cushion Is Gone and the Oil Market Is Now Exposed

Oil news - 15 min 25 sec ago
The global oil market has been on a rollercoaster since late February, but the price reaction to the largest supply disruption in history has been relatively muted. The calm was not complacency; buffers were there to absorb the shock. But the system that held for four weeks is no longer the system we are operating in today. The oil market did not underreact to the disruption in the Strait of Hormuz; it absorbed it. For nearly four weeks, markets have shown remarkable resilience in the face of disruption, supported by a combination of pre-war surplus,…
Categories: Oil news

Presidente Díaz-Canel: no haber podido apoderarse de Cuba provoca la ira de EEUU

Apporea noticias - Fri, 03/27/2026 - 23:20
27 de marzo de 2026.- En entrevista para el periódico mexicano, La Jornada, el presidente de Cuba, Miguel Díaz-Canel, afirmó que el mayor fracaso de los Gobiernos de Estados Unidos en 67 años de revolución es no haber podido apoderarse de la isla. El mandatario explicó que este hecho provoca una ira...
Categories: Venezuelan news

Why the Iran Conflict Is Good News for Chinese Automakers

Oil news - Fri, 03/27/2026 - 23:00
A sharp rise in oil prices tied to the US-Israel confrontation with Iran is likely to speed up the global transition to electric vehicles, strengthening a shift that has already helped China overtake Japan as the world’s top car seller, according to South China Morning Post. Crude prices have surged past $100 a barrel amid fears of disruption to energy supplies, particularly through the Strait of Hormuz. US President Donald Trump escalated tensions by warning he would “obliterate” Iran’s power plants if shipping through…
Categories: Oil news

Chile: reprimen a manifestantes que se movilizaron en contra del aumento de los combustibles

Apporea noticias - Fri, 03/27/2026 - 22:38
27 de marzo de 2026.- Manifestaciones estudiantiles se realizaron durante el mediodía del pasado 26 de marzo en el centro de Santiago en protesta contra las medidas adoptadas por el Gobierno del presidente José Antonio Kast. Las movilizaciones fueron convocadas por la Confederación de Estudiantes...
Categories: Venezuelan news

Neutralizan aeronave y destruyen campamento empleado por el narcotráfico

Apporea noticias - Fri, 03/27/2026 - 22:27
27 de marzo de 2026.- Efectivos de Fuerza Armada Nacional Bolivariana (Fanb), lograron la inutilización de una aeronave no autorizada en el municipio Pedro Camejo, estado Apure. De acuerdo con el reporte inicial, durante el despliegue antidrogas los efectivos castrenses en labores de patrullaje a...
Categories: Venezuelan news

Aker BP’s Earnings Slide Masks a Massive Growth Push

Oil news - Fri, 03/27/2026 - 21:30
Aker BP’s 2025 Annual Report confirms what the market has been sensing for months: this was not a peak year—it was a transition year.Production held firm, costs remained low, and shareholder payouts continued. But weaker realized oil prices and impairments drove a sharp drop in earnings, even as the company doubled down on a capital-intensive growth pipeline aimed at the late 2020s. Production Holds, But Growth PausesAker BP delivered 420.1 thousand barrels of oil equivalent per day (mboepd) in 2025, landing at the top end of guidance.…
Categories: Oil news

Aker BP’s Earnings Slide Masks a Massive Growth Push

Oil news - Fri, 03/27/2026 - 21:30
Aker BP’s 2025 Annual Report confirms what the market has been sensing for months: this was not a peak year—it was a transition year.Production held firm, costs remained low, and shareholder payouts continued. But weaker realized oil prices and impairments drove a sharp drop in earnings, even as the company doubled down on a capital-intensive growth pipeline aimed at the late 2020s. Production Holds, But Growth PausesAker BP delivered 420.1 thousand barrels of oil equivalent per day (mboepd) in 2025, landing at the top end of guidance.…
Categories: Oil news

A Key Russia-Iran Supply Line Remains Open Despite the War

Oil news - Fri, 03/27/2026 - 21:00
All the bombs dropped by the United States and Israel over the past four weeks on Iran have not disrupted a key trade route with Russia that both Tehran and Moscow rely on to help keep their respective war efforts going. And Azerbaijan, despite its strong ties to both the United States and Israel, has played a crucial role in keeping the route open. Russian Deputy Prime Minister Alexey Overchuk, in comments published by the Interfax news agency on March 25, said the “western branch” of the North-South trade corridor continued to operate…
Categories: Oil news

US Drillers Pull Back As WTI Soars Past $98

Oil news - Fri, 03/27/2026 - 20:09
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 543, down 49 from this same time last year. The number of active oil rigs fell by 5 to 409 during the latest reporting period, according to the data. This is 75 below this same time last year. The number of gas rigs fell by 4, sinking to 127, which is 24 more than this time last year. The miscellaneous rig count stayed the same at 7. The latest EIA data…
Categories: Oil news

U.K. Oil Producer Urges North Sea Revival as Hormuz Crisis Disrupts Supply

Oil news - Fri, 03/27/2026 - 19:00
Serica Energy has urged the government to prioritise domestic production in the North Sea, as oil and gas supplies continued to be held in the Strait of Hormuz amid the Iran war in its latest annual results. Serica noted that confidence in the UK North Sea sector had been “eroded” and while the government has undertaken consultations, it is yet to be “translated into actions”. The company called on the government to approve the development of new oil and gas fields in order to reduce the risks of future oil and gas crises…
Categories: Oil news

Asia Begins Pricing U.S. Oil Against Brent as Dubai Volatility Spikes

Oil news - Fri, 03/27/2026 - 18:30
Asian refiners have started pricing their orders for U.S. crude oil against the ICE Brent benchmark instead of the typical pricing on Dubai crude, as the Middle Eastern benchmark has seen wild fluctuations amid choked physical supply from the Persian Gulf. Dubai crude prices soared last week to an all-time high of $169.75 per barrel, and were at $129.99 a barrel early on Friday. These highly volatile prices and the uncertainty about supply from the Middle East have prompted refiners in Asia to seek pricing against Brent, instead of the Dubai benchmark…
Categories: Oil news

(VIDEO) Gira del trofeo del Clásico Mundial de Beisbol inició en Plaza Bolívar de Caracas

Apporea noticias - Fri, 03/27/2026 - 18:24
La gira nacional "Trofeo de Campeones" inició este jueves con un recorrido por las principales arterias viales del centro de Caracas para llevar al pueblo el trofeo de la selección venezolana en el Clásico Mundial de Béisbol 2026, donde el país obtuvo por primera vez la victoria al v...
Categories: Venezuelan news

Casi 100% de abastecimiento: Venezuela consolida modelo de protección alimentaria y nutricional pionero en el mundo

Apporea noticias - Fri, 03/27/2026 - 18:16
La presidenta del Instituto Nacional de Nutrición (INN), Adriana Urbaneja, informó este jueves 25 de marzo que "Venezuela ha consolidado un modelo de protección alimentaria y nutricional pionero a nivel mundial, fundamentado en la alimentación como un derecho humano y no como una mercancí...
Categories: Venezuelan news

(VIDEO) Cinco hechos que se revelan ante la agresión a Irán por Taki Latam

Apporea noticias - Fri, 03/27/2026 - 18:08
Viernes, 27 de marzo de 2026.- Taki Latam señala cinco hechos que considera se rebelan ante el ataque de los Estados Unidos e Israel a la República Islámica de Irán: 1- No hay negociación alguna con el imperio que te garantice estar libre de su asedio. 2- El llamado Domo de Hierro, que nos ...
Categories: Venezuelan news

Maduro Guerra dice que su padre y Cilia Flores «volverán» a Venezuela

Apporea noticias - Fri, 03/27/2026 - 18:08
El diputado venezolano Nicolás Maduro Guerra afirmó este jueves que la liberación de sus padres, el expresidente Nicolás Maduro y la excanciller Cilia Flores, está próxima, mientras ambos enfrentan una segunda audiencia en una corte federal de Estados Unidos. A través de su cuenta e...
Categories: Venezuelan news

Brent Surges Past $110 on Iran Rejection

Oil news - Fri, 03/27/2026 - 18:00
Oil markets are being driven by the standoff over the Strait of Hormuz, with Iran rejecting U.S. terms and delays in negotiations pushing Brent back above $110. Friday, March 27, 2026 The closure of the Hormuz Strait against Donald Trump’s hopes for constructive negotiations, such is the main price-defining relationship this week for oil markets. In a somewhat peculiar fashion, prices reacted immediately to Trump’s first 5-day deadline extension, however today’s 10-day postponement triggered a spike that sent ICE Brent above $110…
Categories: Oil news

Soldado de EEUU denuncia que es considerado «amenaza a la seguridad nacional» por oponerse al genocidio de Israel contra el pueblo palestino

Apporea noticias - Fri, 03/27/2026 - 17:41
El sargento del Ejército de EE. UU., Jonathan Estridge, un veterano con 20 años de servicio, ha denunciado públicamente que está bajo investigación y ha sido apartado de su cargo tras ser etiquetado como una "amenaza a la seguridad nacional". ¿Su delito? Cuestionar en redes so...
Categories: Venezuelan news

Zulia: Una joven muere electrocutada al manipular su celular mientras lo cargaba en San Francisco

Apporea noticias - Fri, 03/27/2026 - 17:27
Una joven de 21 años murió tras sufrir una descarga eléctrica en el interior de su vivienda, ubicada en el sector Manzanillo del municipio San Francisco, estado Zulia. La víctima quedó identificada como Angélica Beatriz Bermúdez, quien manipulaba su teléfono celular, mientras estaba...
Categories: Venezuelan news

Venezuela condena intenciones de privatización de la riqueza petrolera por parte de extremistas

Apporea noticias - Fri, 03/27/2026 - 17:20
El Ministerio de Hidrocarburos venezolano rechazó este jueves las intenciones de privatización de la riqueza petrolera del país por parte de una vocera de la extrema derecha nacional, calificando dichas pretensiones de «talante antinacional» e inconstitucionales....
Categories: Venezuelan news

El rapero Balendra Shah asume como primer ministro de Nepal

Apporea noticias - Fri, 03/27/2026 - 17:18
Katmandú, 27 mar (EFE).- Balendra Shah, líder del Partido Nacional Independiente (Rastriya Swatantra Party, RSP), juro este viernes como primer ministro de Nepal, convirtiéndose a sus 36 años en el mandatario más joven de la historia moderna del país tras un triunfo electoral que ha transforma...
Categories: Venezuelan news

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