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Markets Scramble to Assess the Size of the Oil Glut
For months, the oil market has been bracing itself for a looming large oversupply. Forecasters, investment banks, and analysts expect the overhang to depress oil prices at the end of this year and early next year as inventory builds begin to show up at the key pricing hubs. The consensus appears to be that a glut will soon overwhelm the market. But estimates on how big the overhang will be vary, ranging from a super-glut of record proportions to more modest inventory increases in the historically weaker demand period in the first quarter…
Categories: Oil news
Pakistan Revives Offshore Exploration With 23 Oil Block Awards
Pakistan has received bids for 23 of the 40 offshore oil blocks it offered in its first bidding round in 18 years, marking a significant increase in investor interest in the country's energy sector. The government awarded the offshore blocks to four consortiums, led by major local energy companies such as state-run Oil and Gas Development Co. Ltd (OGDCL), Pakistan Petroleum Ltd (PPL) and MariEnergies, as well as Turkey's national oil company, Türkiye Petrolleri Anonim Ortakl (TPAO). The Turkish energy giant signed a joint bidding agreement…
Categories: Oil news
Iahula realiza su primera Simpatectomía Video-toracoscópica
La Unidad Docente-Asistencial de Cirugía de Tórax del Hospital Universitario de Los Andes efectuó con éxito la primera intervención quirúrgica de este tipo en pacientes con sudoración excesiva, marcando un hito en la atención especializada de patologías funcionales...
Categories: Venezuelan news
Oil Demand to Rise Through 2032 as Energy Transition Stalls
Global demand for crude oil is going to continue on an upward trajectory until at least 2032, Wood Mackenzie has warned in a new report that says the world is way off track in meeting its Paris Agreement goals. The drivers: transport and petrochemicals. The report will not come as a surprise to those following energy development closely over the past five years or so, as efforts to put the world—or at least parts of it—on the path to an energy system whose emissions of carbon dioxide are equal to the emissions it absorbs and stores…
Categories: Oil news
The Illusion of Indefinite Growth and Its Economic Consequences
Economists, actuaries, and others tend to make forecasts as if whatever current situation exists will continue indefinitely or will perhaps improve a bit. No one wants to consider the possibility that things will somehow change for the worse. Politicians want to get re-elected. University presidents want their students to believe that their degrees will be truly useful in the future. Absolutely no one wants to hear unfavorable predictions. The issue I see is that many promises were made during the period between the end of World War II and 1973,…
Categories: Oil news
API Reports Sizeable Crude Oil Build
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a sizeable build of 6.5 million barrels in the week ending October 31. Crude oil inventories in the United States are so far showing a net gain of 3.6 million barrels for the year, according to Oilprice calculations of API data. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) have risen by 500,000 barrels to 409.6 million barrels in the week ending October 31 as the government…
Categories: Oil news
API Reports Sizeable Crude Oil Build
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a sizeable build of 6.5 million barrels in the week ending October 31. Crude oil inventories in the United States are so far showing a net gain of 3.6 million barrels for the year, according to Oilprice calculations of API data. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) have risen by 500,000 barrels to 409.6 million barrels in the week ending October 31 as the government…
Categories: Oil news
Venezuela y Polonia fortalecen cooperación de turismo receptivo
Caracas, 4 de noviembre de 2025.– “El turismo en Venezuela siempre con buenas noticias, a partir del 10 de noviembre, vuelve a la isla de Margarita y otros destinos de Venezuela, la tercera temporada de la operación Polonia-Venezuela”, así lo informó la ministra del Poder Pop...
Categories: Venezuelan news
How Energy Providers Can Capitalize on Data Center Growth
The surge in artificial intelligence and digital infrastructure has turned data centers into the fastest-growing source of new electricity demand in North America. Grid operators and policymakers are racing to keep up, and for energy providers, this wave of demand could open new frontiers of opportunity. Challenge 1: Capacity bottlenecks Data center developers are demanding power within tight timelines, while interconnection queues for new generation and transmission projects can stretch for years. Some operators are now building private…
Categories: Oil news
Los neoyorquinos eligen alcalde en una jornada marcada por el récord de voto anticipado
- Los neoyorquinos eligen este martes a su nuevo alcalde en una jornada electoral marcada por una participación anticipada récord de más de 735.000 votos, cuatro veces más que en los comicios de 2021.
Todos los votantes salen hoy de sus centros de votación con una pegatina en la que...
Categories: Venezuelan news
Israel ha asesinado a 239 palestinos en lo que va de "tregua"
4 de noviembre de 2025.- A 108 años de la Declaración Balfour, en la que el imperio británico apoyó la creación de un “hogar nacional” para el pueblo judío en Palestina, el ejército israelí reivindicó ayer ataques contra tres “terroristas que cruzaron la línea amarilla” en la franja de Gaza, junto c...
Categories: Venezuelan news
HSBC Maintains Bearish Oil Price Forecast Despite OPEC+ Hikes
HSBC is sticking with the bear case on balances, saying OPEC+ will pick up the pace of quota increases in Q2–Q3 2026 as the group leans back into market share. The call lands two days after OPEC+ signed off on a small 137,000 bpd hike for December and—crucially—a pause on further hikes in January–March 2026, a tactical nod to soft seasonal demand and growing surplus chatter. On the facts: eight core members—Saudi Arabia, Russia, the UAE, Iraq, Kuwait, Oman, Kazakhstan, and Algeria—are the ones adjusting volumes,…
Categories: Oil news
FBI incluye a Jordan Goudreau en su lista de criminales más buscados
4 de noviembre de 2025.- El Buró Federal de Investigaciones (FBI) de Estados Unidos incluyó en su lista de criminales más buscados al exmilitar canadiense-estadounidense, Jordan Goudreau, después de que el también mercenario fallara en presentarse ante una audiencia judicial por cargos relacionados ...
Categories: Venezuelan news
The Rail Route That Could Redefine Central Asian Trade
In Tashkent’s ongoing effort to find a path to a seaport and expand global trade options, representatives of the state company Uzbekistan Railways have engaged a Pakistani logistics firm to establish a multimodal route connecting Uzbekistan and Pakistan. The October 30 talks involving Uzbekistan Railways and Islamabad-based SLG Trax Group “discussed in detail” the feasibility of a secure and reliable freight rail line connecting the two countries via Afghanistan, according to a report published…
Categories: Oil news
Carabobo: FANB incauta 26 kilos de base de coca ocultos en repuestos para máquinas pesadas
4 de noviembre de 2025.- Funcionarios de la Fuerza Armada Nacional (FANB) lograron la incautación de siete envoltorios de pasta base para elaboración de cocaína (sulfato de coca) en el estado Carabobo. Los cuales tenían como peso bruto 26 kilos con 800 gramos.
De acuerdo con el reporte oficial, l...
Categories: Venezuelan news
Al menos seis millones de afectados tras paso de huracán Melissa por el Caribe
4 de noviembre de 2025.- Cerca de seis millones de personas en Jamaica, Cuba y Haití se han visto afectadas por el ciclón, que ha dejado un saldo de más de 50 fallecidos en la región. Ante la «magnitud de la destrucción», el organismo informó que intensifica la asistencia humanitaria para casi seis ...
Categories: Venezuelan news
How the UAE Has Helped Western Oil and Gas Majors Return to Iraq
The West’s push to rebuild its influence in the Middle East’s geographical and geopolitical heartland of Mesopotamia entered a new phase in recent months, with many major U.S. and European oil and gas majors returning to Iraq after a long hiatus. The key aim is to break the longstanding link between it and Iran, which has long held sway over its neighbour through its multiple political, economic, and military proxies. By doing this, the West hopes to tilt the balance of influence across the region back towards it and away from China…
Categories: Oil news
ONU: la Tierra va camino a un calentamiento catastrófico
4 de noviembre de 2025.- Una década después de la firma del Acuerdo de París (2015), la ONU alertó que superar el límite de 1,5 grados Celsius de calentamiento global será casi inevitable en los próximos diez años, debido al "insuficiente" progreso de los países y a un contexto geopolítico "cada vez...
Categories: Venezuelan news
Efemérides 4 de noviembre: Rebelión de Túpac Amaru II (1780) – Día de la UNESCO – Fundación del psicoanálisis (1899)
Es 4 de noviembre de 2025. Han transcurrido 308 días del año y faltan 57 días para su terminación. Hoy es martes.
Las efemérides se refieren a sucesos, celebraciones o conmemoraciones significativas para un área del conocimiento, la cultura y las artes, la historia o la cienc...
Categories: Venezuelan news

