Oil prices were trading flat on Thursday afternoon, after OPEC+ delayed its planned output increase by three months to April 2025, and extended the full unwind of production cuts by a year until the end of 2026. Brent crude for February delivery rose a marginal 0.06% to trade at $72.35 per barrel at 14.06 ET, while WTI was trading flat at $68.54. The OPEC+ announcement comes days after commodity experts at Standard Chartered predicted that the oil ministers were likely to delay any unwinding of voluntary cuts to the end of Q1 and perhaps even further…

Oil prices were trading flat on Thursday afternoon, after OPEC+ delayed its planned output increase by three months to April 2025, and extended the full unwind of production cuts by a year until the end of 2026. Brent crude for February delivery rose a marginal 0.06% to trade at $72.35 per barrel at 14.06 ET, while WTI was trading flat at $68.54. The OPEC+ announcement comes days after commodity experts at Standard Chartered predicted that the oil ministers were likely to delay any unwinding of voluntary cuts to the end of Q1 and perhaps even further…

Oil prices were trading flat on Thursday afternoon, after OPEC+ delayed its planned output increase by three months to April 2025, and extended the full unwind of production cuts by a year until the end of 2026. Brent crude for February delivery rose a marginal 0.06% to trade at $72.35 per barrel at 14.06 ET, while WTI was trading flat at $68.54. The OPEC+ announcement comes days after commodity experts at Standard Chartered predicted that the oil ministers were likely to delay any unwinding of voluntary cuts to the end of Q1 and perhaps even further…

5 de diciembre de 2024.- El presidente de la Corte Electoral, Wilfredo Penco, abrió la sesión extraordinaria de investidura para dar la bienvenida al presidente y la vicepresidenta "electos y proclamados". Penco recordó que 2024 tuvo tres instancias electorales, las elecciones intern...

The global electricity demand is expected to grow exponentially in the coming decades, largely due to an increased demand from tech companies for new data centers to support the rollout of high-energy-consuming advanced technologies, such as artificial intelligence (AI). As governments worldwide introduce new climate policies and pump billions into alternative energy sources and clean tech, these efforts may be quashed by the increased electricity demand from data centers unless greater international regulatory action is taken to ensure that tech…

5 de diciembre de 2024.- Los diputados de la Asamblea Nacional (AN) aprobaron en segunda discusión sin modificación y en su totalidad el Proyecto de Ley de Presupuesto Para el Ejercicio Económico Financiero 2025. Durante la sesión ordinaria, los parlamentarios sancionaron este recurso que fue pre...

Crude oil supply from Russia to the Czech Republic via the Druzhba pipeline remained halted on Thursday, a spokesperson for Czech refiner Unipetrol told Reuters. Unipetrol, which is a subsidiary of Poland’s Orlen, is not aware of the reason for the interruption of supply, the spokesperson added. Czech state pipeline operator Mero said on Wednesday that it “is aware of the complications regarding the supply of crude oil via the Druzhba pipeline to the Czech Republic and is monitoring the situation.” Mero said there is no threat…

Crude oil supply from Russia to the Czech Republic via the Druzhba pipeline remained halted on Thursday, a spokesperson for Czech refiner Unipetrol told Reuters. Unipetrol, which is a subsidiary of Poland’s Orlen, is not aware of the reason for the interruption of supply, the spokesperson added. Czech state pipeline operator Mero said on Wednesday that it “is aware of the complications regarding the supply of crude oil via the Druzhba pipeline to the Czech Republic and is monitoring the situation.” Mero said there is no threat…

After toying with its fanatical fan base for much of the past 2 weeks, teasing a breach of the "nice round number" resistance several times only to fade right below it, moments ago bitcoin finally erupted higher with an aggressive buyer taking advantage of the illiquid Asian session and sending the world's first digital token above $100,000 for the first time ever... ...  rising more than 3% to $101,554 since president-elect Trump nominated a pro-crypto head of the SEC.... ...as the sell wall at $100,000 was promptly dismantled leading…

5 de diciembre de 2024.- La moción de destitución contra el mandatario será sometida a votación el próximo 7 de diciembre. La Policía de Corea del Sur inició una investigación para determinar si el presidente Yoon Suk Yeol cometió un acto de traición al declarar la ley marcial el pasado martes. ...

Es 5 de diciembre, mes 12 del 2024. Es el día úmero 340 del año (bisiesto) y faltan 26 días para su terminación, pues tiene 366 días. Hoy es jueves. Los años bisiestos se presentan cada cuatro años en los que se añade un día más a febrero (29 F) y el año es de 366 días. ...

Brazilian oil giant Petrobras, in partnership with Colombia’s state-run Ecopetrol, has confirmed the largest natural gas discovery in Colombia’s history. Drilling results from the Sirius-2 well, located in the Guajira Offshore Basin, have revealed over 6 trillion cubic feet (Tcf) of gas in place—enough to potentially double the country’s existing reserves. Petrobras holds a 44.44% stake in the consortium, while Ecopetrol owns 55.56%. The Sirius-1 and Sirius-2 wells were previously named the Uchuva-1 and Uchuva-2 wells. Brazil’s…

Brazilian oil giant Petrobras, in partnership with Colombia’s state-run Ecopetrol, has confirmed the largest natural gas discovery in Colombia’s history. Drilling results from the Sirius-2 well, located in the Guajira Offshore Basin, have revealed over 6 trillion cubic feet (Tcf) of gas in place—enough to potentially double the country’s existing reserves. Petrobras holds a 44.44% stake in the consortium, while Ecopetrol owns 55.56%. The Sirius-1 and Sirius-2 wells were previously named the Uchuva-1 and Uchuva-2 wells. Brazil’s…

5 de diciembre de 2024.- La estatal petrolera de Colombia, Ecopetrol, y la brasileña Petrobras confirmaron hoy el mayor descubrimiento de gas de toda la historia del país neogranadino con la perforación del pozo Sirius-2, ubicado en la región del Caribe. De acuerdo con la información divulgada, l...

The trade between the Middle East and China is growing faster than the overall trade between the Gulf region and the West and the Gulf-China trade is set to eclipse the Middle East’s trade with the West in 2027, think tank Asia House said in a report on Thursday. “Assuming both trade relationships continue expanding at 2010-2023 rates, Gulf-China trade will overtake Gulf-West trade in 2027,” the authors of the report wrote in their outlook. Trade growth between the Gulf countries and emerging markets in Asia has been exceeding…

5 de diciembre de 2024.- Los sindicatos de funcionarios y empleados públicos en Francia organizaron este jueves una jornada de paro con impacto principalmente en la educación y en el tráfico aéreo, inicialmente contra los recortes anunciados por el Gobierno, que acaba de ser votado el miércoles por...

As more countries worldwide begin to develop innovative nuclear technology and a ‘new nuclear era’ takes hold, an increasing number of governments are supporting small modular reactor (SMR) technology. Companies in regions of the world from North America to Asia, Europe and Africa are deploying SMR technology to support governments in their efforts to decarbonise and undergo a green transition. In addition to investment in new conventional reactors, we can expect to see a plethora of SMR projects worldwide in the coming decades. …

With nearly a month since U.S. President-elect Donald Trump won a second term in the Oval Office, oil markets have been struggling to find direction despite event risk remaining high, particularly in the Middle East. According to commodity analysts at Standard Chartered, the market’s apparent hesitation to trade a view with any conviction has intensified the notion that oil markets seem content to wait for Trump to take office. Volatility has fallen sharply, with the 30-day front-month Brent realized annualized volatility sinking to a1 6-week…

Pete Hegseth, candidato del presidente electo de EE.UU., Donald Trump, para el puesto de secretario de Defensa en su próxima Administración, prometió a los senadores republicanos dejar de consumir alcohol si es elegido para este cargo, informó el miércoles The Hill. Después de que H...

El viceministro de Relaciones Exteriores de Venezuela, Rander Peña, realizó una visita oficial a Hanoi, Vietnam, donde se reunió con el vicepresidente de la Unión de Organizaciones de Amistad (VUFO), Dong Huy Cuong, para fortalecer los lazos de cooperación y amistad entre ambos países.