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Shrinking Oil Inventories Raise Fears of Prolonged Energy Crisis

Oil news - 19 hours 31 min ago
Global oil inventories are fast approaching a critical point, with Asia the first facing “minimum operational levels” and Europe close behind. This is the latest in a growing series of warnings from industry experts about the state of oil supply and the prospects of a severe shortage. It seems the world is running out of time to avert a much bigger crisis than we already have. Asia is already struggling with supply, Jeff Currie, Senior Advisor at the Carlyle Group, told CNBC this week. Speaking on the sidelines of an industry event…
Categories: Oil news

Sanctioned Russian Diesel Tanker Fails to Reach Cuba

Oil news - 20 hours 31 min ago
A Russian tanker carrying 270,000 barrels of diesel fuel, which is under US and EU sanctions, spent weeks trying to reach crisis-hit Cuba, which is also under US sanctions, as well as amid what's essentially become a full energy blockade, but has failed to reach the island nation and turned southward toward Brazil. The exiled Russian outlet, The Insider, has detailed the following based on maritime tracking data: The Russian-flagged tanker Universal (IMO: 9384306), which had been drifting for almost a month in the Sargasso Sea approaching…
Categories: Oil news

US Crude, Gasoline Inventories Continue to Sink

Oil news - 21 hours 21 min ago
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 2.8 million barrels in the week ending May 22. In the week prior, US crude oil inventories fell by 9.1 million barrels. US crude inventories have risen by 22 million barrels so far this year, according to API data. Inventories in the US Strategic Petroleum Reserve (SPR) continue to draw down in an attempt to alleviate the pressure on prices. For week ending May 22, 9.1 million barrels left the SPR, bringing the new total to 365.1 million barrels—the…
Categories: Oil news

US Crude, Gasoline Inventories Continue to Sink

Oil news - 21 hours 21 min ago
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 2.8 million barrels in the week ending May 22. In the week prior, US crude oil inventories fell by 9.1 million barrels. US crude inventories have risen by 22 million barrels so far this year, according to API data. Inventories in the US Strategic Petroleum Reserve (SPR) continue to draw down in an attempt to alleviate the pressure on prices. For week ending May 22, 9.1 million barrels left the SPR, bringing the new total to 365.1 million barrels—the…
Categories: Oil news

FANB incauta 54 envoltorios de presunta marihuana en el estado Táchira

Apporea noticias - 21 hours 31 min ago
27 de mayo de 2026- El pasado martes, funcionarios de la Fuerza Armada Nacional Bolivariana (FANB), adscritos específicamente a la URIA-21 y el D-213 del CZGNB-21 del estado Táchira incautaron 54 envoltorios de presunta marihuana, los cuales equivalen a un peso neto de 30,220 kilogramos, infor...
Categories: Venezuelan news

Floating Solar Could Be a Lifeline for Land-Scarce Nations Facing Energy Crises

Oil news - 21 hours 31 min ago
Floating solar farms could be significantly more efficient than solar farms on land thanks to the natural cooling effects of seawater, according to new findings from a comparative study conducted by researchers from the National Taipei University of Technology (NTUT) in Taiwan. The floating solar panels used in the study produced 12 percent more energy than the on-land models, with potentially huge implications for global energy security and decarbonization pathways. The study, published this month in the Journal of Renewable and Sustainable Energy,…
Categories: Oil news

Banquero francés Matthieu Pigasse fue contratado por Venezuela para reestructurar su deuda según Wall Street Journal

Apporea noticias - Wed, 05/27/2026 - 23:03
27 de mayo de 2026.- El banquero de inversiones francés Matthieu Pigasse y el fondo de inversiones Centerview, del que es socio, habrían sido elegidos por Venezuela para reestructurar la deuda de unos 150.000 millones de dólares. Partidario del Partido Socialista en Francia y crítico del gobierno...
Categories: Venezuelan news

Middle East Crisis Accelerates U.S.-Thailand LNG Supply Talks

Oil news - Wed, 05/27/2026 - 23:00
The sudden halt of liquefied natural gas (LNG) flows from the Middle East has prompted Asian buyers to seek long-term solutions to secure supply from sources not needing the blocked Strait of Hormuz. As Qatar’s LNG shipments are under force majeure until at least mid-August and full LNG export capacity may not be restored for another five years, LNG customers are looking to sign long-term supply deals with exporters outside of conflict areas. Thailand, the top LNG importer in Southeast Asia, is now looking to boost its U.S. gas supply to…
Categories: Oil news

Trabajadores de la salud privada se movilizan en Uruguay

Apporea noticias - Wed, 05/27/2026 - 22:16
27 de mayo de 2026.- Los trabajadores de la salud privada en Uruguay realizan hoy un paro general parcial y movilización en reclamo de condiciones laborales. Los afiliados a la Federación Uruguaya de la Salud (FUS) se concentrarán en el monumento conocido como el Obelisco y marcharán hasta la sed...
Categories: Venezuelan news

BHP Killed Its Own Hedge Against the Green Steel Shift

Oil news - Wed, 05/27/2026 - 22:00
China just expanded its national emissions trading scheme to cover steel production. The EU's carbon border adjustment mechanism entered its definitive phase in January, putting a financial penalty on emissions-intensive steel. Simandou, the world's largest untapped deposit of high-grade iron ore, shipped its first cargoes to China in late 2025. The market for lower-grade ore is contracting. The market for ore that can feed cleaner steelmaking is growing. BHP just canceled the project that would have positioned it for the second market. Instead,…
Categories: Oil news

Venezuela rechaza declaraciones de Irfaan Ali sobre el Esequibo

Apporea noticias - Wed, 05/27/2026 - 21:28
27 de mayo de 2026.- La República Bolivariana de Venezuela rechazó categóricamente las declaraciones emitidas por el presidente de la República Cooperativa de Guyana, Irfaan Ali, desde el territorio de la Guayana Esequiba. El Gobierno venezolano calificó los pronunciamientos como provocadores y s...
Categories: Venezuelan news

Presidente de Bolivia promulga ley represiva en medio de bloqueos

Apporea noticias - Wed, 05/27/2026 - 21:05
27 de mayo de 2026.- El presidente boliviano, Rodrigo Paz, tiene hoy las manos libres para decretar el estado de excepción sin requisitos limitantes en la represión contra quienes exigen su renuncia en bloqueos y marchas, tras promulgar la Ley 1732. La noche de este martes, casi inmediatamente tr...
Categories: Venezuelan news

Can Armenia Break Free From Russia’s Orbit?

Oil news - Wed, 05/27/2026 - 21:00
With Election Day fast approaching, Armenian Prime Minister Nikol Pashinyan’s government is hoping that shows of support from the United States and European Union will give it a boost at the polls. US Secretary of State Marco Rubio paid a brief visit to Yerevan on May 26, during which he signed a Charter on Comprehensive and Strategic Partnership together with his Armenian counterpart, Ararat Mirzoyan. The two also inked a framework agreement concerning the Trump Route for International Peace and Prosperity, envisioned as a key cog in the…
Categories: Oil news

Germany’s Power Prices Soar 30% on Strong Demand, Low Wind Speeds

Oil news - Wed, 05/27/2026 - 20:30
Germany’s day-ahead electricity prices soared by 29% on Wednesday as a heatwave across Europe boosted cooling demand while low wind speeds reduced wind power generation. The lower wind speeds and the resulting lower power output from wind turbines are raising the need to fire up natural gas and coal-fired power production, which is more expensive than wind power generation. An early heatwave is sweeping through northwest Europe with unusually high temperatures these days, lifting demand for air conditioning. Forecasts for Thursday’s…
Categories: Oil news

Germany’s Power Prices Soar 30% on Strong Demand, Low Wind Speeds

Oil news - Wed, 05/27/2026 - 20:30
Germany’s day-ahead electricity prices soared by 29% on Wednesday as a heatwave across Europe boosted cooling demand while low wind speeds reduced wind power generation. The lower wind speeds and the resulting lower power output from wind turbines are raising the need to fire up natural gas and coal-fired power production, which is more expensive than wind power generation. An early heatwave is sweeping through northwest Europe with unusually high temperatures these days, lifting demand for air conditioning. Forecasts for Thursday’s…
Categories: Oil news

Incautan más de 20 mil millones de bolívares en billetes fuera de circulación en Táchira

Apporea noticias - Wed, 05/27/2026 - 20:15
27 de mayo de 2026.- En el marco del despliegue de la operación "Cacique Murachí", efectivos militares de la Fuerza Armada Nacional Bolivariana (Fanb) desmantelaron una operación ilegal en el estado Táchira, tras incautar una millonaria suma de billetes del antiguo cono monetario venezolano que pret...
Categories: Venezuelan news

Hamas confirmó el asesinato del comandante de Brigadas, Al-Qassam, Mohammed Odeh (Abu Amr), junto a su esposa y tres hijos

Apporea noticias - Wed, 05/27/2026 - 20:14
Fuentes de Hamás en la Franja de Gaza confirmaron al diario Asharq Al-Awsat que el nuevo comandante militar de Hamás, Muhammad Odeh, murió en un ataque aéreo perpetrado por las fuerzas israelíes contra un apartamento en el barrio de Rimal, en el centro de la ciudad de Gaza. Su cuerp...
Categories: Venezuelan news

Trabajadores petroleros que exigían reenganche en Pdvsa La Campiña en Caracas, fueron agredidos por colectivos

Apporea noticias - Wed, 05/27/2026 - 20:04
Trabajadores petroleros que exigían reenganche en Pdvsa La Campiña en Caracas, fueron agredidos por colectivos, delante de la Guardia Nacional que no hizo nada para impedirlo. Inicialmente, mientras los trabajadores desplegaban sus pancartas de reclamo, funcionarios de la GNB se les acercaron ...
Categories: Venezuelan news

China’s Return to the Energy Market Could Become the Next Global Price Shock

Oil news - Wed, 05/27/2026 - 20:00
For months, China’s reduced appetite for oil and LNG imports has helped ease some of the pressure on already-strained global energy markets. But Beijing’s current strategy appears less about weakening demand and more about caution amid the Iran war and the growing risks surrounding Middle Eastern supply routes. Chinese buyers have been drawing down inventories, slowing refinery activity, and delaying spot purchases while waiting for safer and potentially cheaper cargo opportunities. The problem for global markets is that this balancing…
Categories: Oil news

(VIDEO) Así quieren en Venezuela a Trump y a Rubio

Apporea noticias - Wed, 05/27/2026 - 19:42
CARACAS — Movimientos sociales, colectivos de base y organizaciones defensoras de la soberanía nacional se concentraron masivamente en las inmediaciones de la histórica Plaza Bolívar de Caracas para manifestar su absoluto repudio a la violación flagrante del territorio patrio. La moviliz...
Categories: Venezuelan news

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