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China’s Crude Hoarding Is Propping Up Oil Prices
China played a big role in supporting oil prices in 2025 as it accelerated crude stockpiling and absorbed part of the additional supply that producers put on the market. Despite the easing of the OPEC+ cuts, the large supply growth from the Americas, and the continued flow of sanctioned Iranian, Russian, and Venezuelan barrels for most of 2025, oil prices did not collapse. International crude benchmarks held steady at about $60 per barrel, which China apparently considers cheap enough to buy more crude than it immediately needs and put it in commercial…
Categories: Oil news
Acusan de agresión a hombre que roció vinagre con una inyectadora a la Representante Ilhan Omar
La Sra. Omar fue rociada con líquido de una jeringa mientras hablaba en un ayuntamiento y exigía la renuncia de Kristi Noem, quien dirige el Departamento de Seguridad Nacional.
29 de enero de 2026.-El hombre acusado de usar una jeringa para rociar ...
Categories: Venezuelan news
Mexico’s Dos Bocas Refinery Starts Biting Into U.S. Fuel Exports
For years, Mexico has been a major fuel buyer from the United States. Then the government built a new refinery that cost $20 billion, which was planned to boost the country’s energy independence. It seems it has finally started to do just that—and fuel imports are on the decline. The Olmeca refinery, also called Dos Bocas, was the centerpiece of Mexico’s previous administration, with Andres Manuel Lopez Obrador at the helm and plans for an even greater role for state-owned Pemex in Mexico’s energy system. The project was…
Categories: Oil news
Turkey’s Biggest Refinery Fire Jolts Tight Refining Market
Oil markets got a jolt this week after an explosion and fire tore through part of Türkiye’s largest refinery, the Tupras Izmit complex, forcing evacuations and an emergency response. The blast reportedly hit a gasoline storage tank and spread quickly, sending flames across part of the facility. Officials have not yet said what caused the incident or how much damage was done, though workers were evacuated and no immediate injuries were reported. The global oil market is already dealing with tighter trade routes, shifting product flows,…
Categories: Oil news
Turkey’s Biggest Refinery Fire Jolts Tight Refining Market
Oil markets got a jolt this week after an explosion and fire tore through part of Türkiye’s largest refinery, the Tupras Izmit complex, forcing evacuations and an emergency response. The blast reportedly hit a gasoline storage tank and spread quickly, sending flames across part of the facility. Officials have not yet said what caused the incident or how much damage was done, though workers were evacuated and no immediate injuries were reported. The global oil market is already dealing with tighter trade routes, shifting product flows,…
Categories: Oil news
Turkey’s Biggest Refinery Fire Jolts Tight Refining Market
Oil markets got a jolt this week after an explosion and fire tore through part of Türkiye’s largest refinery, the Tupras Izmit complex, forcing evacuations and an emergency response. The blast reportedly hit a gasoline storage tank and spread quickly, sending flames across part of the facility. Officials have not yet said what caused the incident or how much damage was done, though workers were evacuated and no immediate injuries were reported. The global oil market is already dealing with tighter trade routes, shifting product flows,…
Categories: Oil news
(VIDEO) No a la agresión de EEUU a Venezuela, Gustavo Martinez y Jackeline López
Jueves, 29 de enero de 2026.- No a la agresión de EEUU a Venezuela, Gustavo Martinez y Jackeline López.
Gustavo Martínez, de Marea Socialista, quien fungió como coordinador de las presentaciones que se hicieron en la plaza Morelos de Caracas, organizado por El Encuentro Nacion...
Categories: Venezuelan news
America’s Power Bill Shock Is Just Getting Started
As Americans brave a brutal cold snap, households are facing higher heating bills this summer. According to a report released last week by the National Energy Assistance Directors Association (NEADA), heating prices are expected to rise by 9.2% in the 2025-2026 winter vs. one year ago. According to the NEADA analysis, electricity costs are expected to rise $12.2%, or $133 this winter, while gas prices are projected to rise 8.4% or $54. Heating oil costs are expected to remain flat, while propane should be down 1.4%,…
Categories: Oil news
Producers Rush to Hedge amid Exploding Natural Gas Prices
After the Henry Hub natural gas price for February doubled, oil-and-gas producers aggressively locked in hedges. Cold weather caused the largest one-week rally since at least 1990. Oil and gas producers leaned into the historic rally in Nymex Henry Hub prices driven by Winter Storm Fern. The storm brought sub-freezing temperatures across much of the Lower 48, tightening balances and sending natural gas prices sharply higher in a ten-day period from January 19 to January 28. AEGIS client hedging activity for natural gas reached the most active levels…
Categories: Oil news
Washington Probes Who’s Cashing In on Venezuela’s Oil Reset
Washington is starting to ask the quiet part out loud: who, exactly, is making money off Venezuela’s oil? This week, U.S. Representative Robert Garcia, the top Democrat on a House investigative committee, sent letters to Vitol and Trafigura demanding records of any communications they’ve had with the Trump administration since January of last year. The timing is not subtle. U.S. forces captured Venezuela’s longtime strongman Nicolás Maduro earlier this month, and Washington has since taken control of Venezuelan oil sales…
Categories: Oil news
Washington Probes Who’s Cashing In on Venezuela’s Oil Reset
Washington is starting to ask the quiet part out loud: who, exactly, is making money off Venezuela’s oil? This week, U.S. Representative Robert Garcia, the top Democrat on a House investigative committee, sent letters to Vitol and Trafigura demanding records of any communications they’ve had with the Trump administration since January of last year. The timing is not subtle. U.S. forces captured Venezuela’s longtime strongman Nicolás Maduro earlier this month, and Washington has since taken control of Venezuelan oil sales…
Categories: Oil news
Africa Is Set to Dominate Global High-Impact Oil and Gas Drilling in 2026
The upstream sector is set to carry strong momentum into 2026, with high-impact wildcat drilling activity expected to remain elevated following a solid 2025. Last year, the success rate for high-impact wildcat wells rose to 38% from 23% in 2024, while total discovered volumes increased by 53% year on year to around 2.3 billion barrels of oil equivalent (boe), according to Rystad Energy’s research and analysis. Wells are designated as high-impact based on a variety of factors: the size of the potential resources, whether they could open new…
Categories: Oil news
Colombia’s Fiscal Crisis Is Deepening Under President Petro
The finances of Latin America’s fourth-largest economy, Colombia, are in total disarray. Nearly four years of fiscal mismanagement by Colombia’s first elected leftist leader, President Gustavo Petro, sparked fears of a financial crisis engulfing the strife-torn Andean nation. A combination of dwindling tax revenue and excessive spending is rapidly depleting Bogota’s coffers. Even Petro’s tax hikes, which took on a worrying sense of regularity, did little to salvage government finances while sharply impacting economically…
Categories: Oil news
Colombia: Organizaciones proponen una Mesa Amplia para esclarecer la desaparición de Camilo Torres
CI.- Diversas organizaciones nacionales e internacionales propusieron al Estado colombiano la creación de una mesa amplia cuya función sea trazar una hoja de ruta para esclarecer los hechos relacionados con la muerte, la desaparición forzada y la posterior reaparición de los restos del revol...
Categories: Venezuelan news
Gold Briefly Jumps Toward $5,600 as Iran Tensions Flare
Gold prices surged sharply on Thursday morning as energy markets jolted higher following fresh Iran-related rhetoric from U.S. President Donald Trump, briefly sending oil prices up by as much as 5% intraday and reigniting demand for hard-asset hedges. The move in gold came as Brent crude punched back above the $70 a barrel level earlier in the session, after Trump warned that military action against Iran remained on the table if tensions escalate further. The remarks brought geopolitical risk back into oil markets that had recently been driven…
Categories: Oil news
Gold Briefly Jumps Toward $5,600 as Iran Tensions Flare
Gold prices surged sharply on Thursday morning as energy markets jolted higher following fresh Iran-related rhetoric from U.S. President Donald Trump, briefly sending oil prices up by as much as 5% intraday and reigniting demand for hard-asset hedges. The move in gold came as Brent crude punched back above the $70 a barrel level earlier in the session, after Trump warned that military action against Iran remained on the table if tensions escalate further. The remarks brought geopolitical risk back into oil markets that had recently been driven…
Categories: Oil news
El ICE detiene a Armando Fernández Larios exmilitar chileno prófugo por crímenes de lesa humanidad en época de Pinochet
El nombre de Armando Fernández Larios fue incluido en el portal "Arrested: Worst of the Worst" (Arrestado: lo peor de lo peor) del Departamento de Seguridad Nacional (DHS), una plataforma que desglosa, por países, detenciones destacadas realizadas por el ICE. Imagen tomada de https://www.dhs.g...
Categories: Venezuelan news
Republicanos exigen renuncia de Kristi Noem tras asesinatos federales en Mineápolis
Aunque mantiene el respaldo del presidente Donald Trump, la secretaria de Seguridad Nacional de Estados Unidos, Kristi Noem, enfrenta una creciente presión política tras una serie de hechos vinculados al accionar de fuerzas federales durante la represión contra inmigrantes en Minnesota &mdas...
Categories: Venezuelan news

