The latest flare-up between Saudi Arabia and the United Arab Emirates over Yemen looks dramatic on the surface, but OPEC cohesion, not missiles or militias, is what ultimately matters to the oil markets, which is why the latest public spat between Saudi Arabia and the UAE over Yemen created just a temporary blip in crude prices. Saudi forces intercepted this week what they said was an unauthorized UAE-linked shipment of weapons and military equipment destined for southern Yemen. The Saudi-led coalition dished out an airstrike on the southern Yemeni…

The latest flare-up between Saudi Arabia and the United Arab Emirates over Yemen looks dramatic on the surface, but OPEC cohesion, not missiles or militias, is what ultimately matters to the oil markets, which is why the latest public spat between Saudi Arabia and the UAE over Yemen created just a temporary blip in crude prices. Saudi forces intercepted this week what they said was an unauthorized UAE-linked shipment of weapons and military equipment destined for southern Yemen. The Saudi-led coalition dished out an airstrike on the southern Yemeni…

Russia’s pipeline gas exports to Europe collapsed by 44% in 2025, falling to their lowest level since the mid-1970s, according to Reuters calculations. The drop marks the clearest statistical endpoint yet for what was once Moscow’s most lucrative and politically potent energy relationship. The decline was driven primarily by the closure of the Ukrainian transit route at the start of the year, leaving TurkStream as the only remaining pipeline corridor for Russian gas into Europe. Even that route now serves a shrinking group of buyers,…

India has once again kicked the can down the road on its biggest oil and gas licensing round, extending the deadline for bids under OALP-X to February 18. It is the fourth extension since the round was launched with much fanfare during India Energy Week in February, and it says a lot about the gap between ambition and investor appetite. OALP-X is not a small offering quietly tucked away in some dark corner of the upstream segment. It is the largest acreage round India has ever put on the table under its Hydrocarbon Exploration and Licensing Policy,…

India has once again kicked the can down the road on its biggest oil and gas licensing round, extending the deadline for bids under OALP-X to February 18. It is the fourth extension since the round was launched with much fanfare during India Energy Week in February, and it says a lot about the gap between ambition and investor appetite. OALP-X is not a small offering quietly tucked away in some dark corner of the upstream segment. It is the largest acreage round India has ever put on the table under its Hydrocarbon Exploration and Licensing Policy,…

El Sistema Integral de Transporte Superficial S. A. (Sitssa) informó, a través de su cuenta de Instagram, que no prestará servicio de transporte público en Venezuela los días 31 de diciembre y 1° de enero, debido a un ajuste temporal por las celebraciones de Fin de Año. La suspe...

El portavoz del Kremlin, Dmitri Peskov, aseguró este martes que los militares rusos tienen ideada su respuesta al ataque perpetrado por el régimen de Kiev contra una de las residencias oficiales de Vladímir Putin. "En cuanto a las consecuencias militares, nuestras Fuerzas Armad...

CARACAS – En una jornada calificada por el Ejecutivo nacional como "histórica", el presidente de Venezuela, Nicolás Maduro, informó este martes que la Fuerza Armada Nacional Bolivariana (FANB) batió un récord de interdicción al destruir nueve aeronaves extranjeras vinc...

Oil markets are focused on Venezuela tensions and the suspension of crude oil loadings at Kazakhstan's CPC terminal. Venezuela Starts Cutting Production as Trump Ratchets Up His Strangling Strategy - Donald Trump’s maximum pressure strategy on Venezuela is finally starting to impact Venezuela’s oil production, with state oil company PDVSA beginning to shut down wells in the Orinoco Belt amidst swelling inventories and ongoing tanker seizures. - Venezuela’s oil production has been continuously growing in 2025, with…

Crude oil exports from the Caspian Pipeline Consortium (CPC) terminal on Russia’s Black Sea coast have been suspended due to adverse weather, the consortium said on Tuesday, as transshipment and loadings of oil from Kazakhstan face another setback. Adverse weather conditions in the CPC MT operation area forced the consortium on Monday to suspend oil transshipment until weather improves and storm warnings are lifted, CPC said in a statement on Tuesday. The terminal halted accepting oil on Monday, too, due to insufficient storage space. “It…

Russian Foreign Minister Sergei Lavrov claimed Ukraine targeted one of President Vladimir Putin's residences and said Moscow will retaliate and review its stance in negotiations seeking an end to its ongoing full-scale invasion of Ukraine. Ukrainian President Volodymyr Zelenskyy called the claim that Kyiv targeted the residence in the Novgorod region northwest of Moscow a "lie." He asserted that Russia was seeking to undermine US-Ukraine talks on the war and "preparing the ground to carry out strikes -- most likely on the [Ukrainian] capital and…

Saudi Aramco is poised to buy a 20% stake in a new refinery that India’s state-owned refiner Bharat Petroleum Corporation Limited (BPCL) plans to build with a total investment of about $11 billion, Indian news outlet Business Standard reports.  BPCL plans to have the refinery built at the Ramayapatnam port in the state of Andhra Pradesh on the east coast of southern India. The refinery is planned to have a processing capacity of between 180,000 and 240,000 barrels per day (bpd).   The Indian company, which is the country’s…

Oil prices were holding onto gains early on Tuesday, reversing an earlier dip in Asian trade, as geopolitical risks in Russia and Iran outweighed oversupply concerns in thin semi-holiday trading. Both benchmarks were up by about 0.4%, with WTI Crude at above $58 per barrel and Brent Crude topping $62 a barrel, following renewed geopolitical risk premium, mostly due to comments from U.S. President Donald Trump in the past 24 hours.  Following a meeting with Israeli Prime Minister Benjamin Netanyahu in Florida, President Trump said the United…

30-12-25.-El presidente de Colombia, Gustavo Petro, anunció este lunes un aumento histórico de 23,7% para el salario mínimo en 2026, el mayor de este siglo. El gobierno sostiene que pretende mejorar la calidad de vida de los colombianos mientras enfrenta un aluvión de críticas del sector empresar...

30-12-25.-El presidente de Venezuela, Nicolás Maduro, dijo este lunes que la exportación de alimentos será «la nueva fuente de riqueza nacional para divisas», una afirmación que hace en medio de las tensiones por el despliegue militar estadounidense en el Caribe y las recientes confiscaciones de dos...

30-12-25.-Las mayores protestas en Irán en tres años estallaron el lunes después de que la moneda del país se desplomara a un mínimo histórico frente al dólar estadounidense y el jefe del Banco Central renunciara. La televisión estatal informó de la dimisión de Mohammad Reza Farzin, mientras come...

30-12-25.-La ONG Foro Penal afirmó este lunes que ha verificado 61 de las 99 excarcelaciones anunciadas por el Gobierno de Venezuela, todos detenidos -según el Ministerio para los Servicios Penitenciarios- durante la crisis que se desató tras las presidenciales de 2024, cuando la oposición agrupada ...

30-12-25.-Los Estados Unidos atacaron este lunes, 29 de diciembre a otra embarcación que, supuestamente, transportaba droga en el Pacífico con dirección a Norte América, según difundió Semana. Desde septiembre, las fuerzas estadounidenses han estado presentes en aguas internacionales para hacer fren...

30-12-25.-La empresa Primazol, donde se registró una presunta explosión en San Francisco la madrugada del 24 de diciembre, emitió un comunicado este lunes para rechazar las hipótesis de un ataque de Estados Unidos a su sede. Este 29 de diciembre se conoció una entrevista realizada al presidente D...

30-12-25.-El presidente de EE.UU., Donald Trump, aseguró este lunes que habló «muy recientemente» con su homólogo venezolano, Nicolás Maduro, pero que la llamada telefónica no sirvió para rebajar la presión de Washington, que según el republicano atacó el miércoles un muelle usado por narcotraficant...