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Oil Prices Tumble Back Below $100 on Ceasefire Optimism

Oil news - 1 hour 51 min ago
Oil prices fell sharply in early asian trade on Wednesday, with both major benchmarks dropping more than 5% as traders reacted to signs of potential de-escalation in the Middle East conflict as well as a crude inventory build in the U.S. At the time of writing, WTI crude was trading at $87.51, down 5.24%, while Brent crude had fallen below the psychologically important $100 to $98.03, down 6.08%. The selloff follows a volatile 48 hours in oil markets, where prices had surged following President Trump's threat to blow up Iranian power plants and…
Categories: Oil news

Inside India’s Petrol Pricing System and the Tax Divide Driving State Gaps

Oil news - 3 hours 28 min ago
India’s fuel market is sending a confusing signal right now. The Iran war has pushed global oil markets into shock, the Indian oil basket has surged above $150 a barrel, and the risk to key supply routes through the Middle East is rising. Yet at the pump, prices have barely moved. That disconnect is exactly where this story begins, because petrol prices in India do not move the way most people assume they do. They are based on a formula that is filtered through taxes, logistics, and policy choices that can dramatically change what consumers…
Categories: Oil news

Sadismo de Israel : Torturan a un bebé de 18 meses con quemadas de cigarrillo para hacer al padre hablar

Apporea noticias - 3 hours 37 min ago
Sadismo contra la infancia: El horror de Karim Abu Nassar bajo custodia israelí "Le apagaron cigarrillos en las piernas delante de mí para que yo hablara". El desgarrador testimonio del padre de Karim Abu Nassar, un pequeño de apenas 18 meses, ha sacudido las redes sociale...
Categories: Venezuelan news

Clase obrera de Guayana se movilizó por el cese de las sanciones y la defensa de la paz nacional

Apporea noticias - 4 hours 27 min ago
‎La masiva movilización partió con determinación desde la Plaza Monumental, hasta la sede del edificio de la Corporación Venezolana de Guayana (CVG), y estuvo liderada por la gobernadora Yulisbeth García, acompañada por el padrino político y presidente de CVG,...
Categories: Venezuelan news

Saudi Arabia’s Red Sea Export Route Is No Escape from Risk

Oil news - 4 hours 28 min ago
Middle Eastern oil producers have slashed production by between 7 and 12 million barrels daily since the first strikes that the U.S. and Israel launched on Iran on February 28. Exports have been paralysed almost completely, and Iran is charging $2 million for every vessel it lets pass through the Strait of Hormuz. Saudi Arabia, however, has an alternative: a pipeline that was built for just such a situation. The East-West pipeline leads to Saudi Arabia’s Red Sea port city of Yanbu. The pipeline is 1,200 km long, and it was initially built…
Categories: Oil news

Resource Wars Are Here and Oil Is the First Casualty

Oil news - 5 hours 28 min ago
In just over a year, the world saw several instances of a choked supply of commodities indispensable for today’s economies and military capabilities. From China’s restrictions on rare earths and critical minerals supply to the de facto closure of the Strait of Hormuz, policymakers and analysts began to realize that the control of oil, critical minerals, rare earths, and magnets is as important as building and maintaining stockpiles of advanced weapons. It also became clear that without these resources, defense and military capabilities…
Categories: Oil news

US Crude Oil, Product Inventories Rise

Oil news - 5 hours 28 min ago
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.3 million barrels in the week ending March 20. In the week prior, US crude oil inventories rose by 6.556 million barrels. Analysts had expected a draw of 1.3 million barrels in the current reporting period. Inventories in the US Strategic Petroleum Reserve (SPR) have stayed at 415.4 million barrels for multiple weeks in a row as of the week ending March 20. This is 310.1 million barrels shy of maximum capacity. US production fell for the fourth…
Categories: Oil news

Trump permite más trabajadores agrícolas extranjeros pero a cambio rebaja hasta el 32 % sus sueldos

Apporea noticias - Tue, 03/24/2026 - 23:33
Nuevas reglas de la Administración de Donald Trump sumarán al menos 150.000 trabajadores agrícolas extranjeros con visas temporales H-2A en Estados Unidos, pero también han reducido sus salarios en hasta 32 %, revela el Economic Policy Institute este martes, Día Nacional de la Agricultura....
Categories: Venezuelan news

Periodo seco en el país se extenderá hasta mayo

Apporea noticias - Tue, 03/24/2026 - 23:12
24 de marzo de 2026.- El presidente del Instituto Nacional de Meteorología e Hidrología (Inameh), Reidy Zambrano, informó que Venezuela se encuentra en su periodo seco, el cual inició en diciembre de 2025 y se extenderá hasta los primeros días de mayo de este 2026. El funcionario señaló que el pa...
Categories: Venezuelan news

Why Oil Majors Are Quietly Betting Big on Libya Again

Oil news - Tue, 03/24/2026 - 23:00
It comes to something when Libya looks like a relative beacon of stability compared to key Middle Eastern states, such as Saudi Arabia, the UAE, and Qatar, but here we are, nevertheless. Of course, the recent fire at Libya's largest oil field, Sharara, caused by a pipeline leak, may have been the product of another attack by one of the many warring factions there, so it is not exactly Switzerland in terms of the global peace rankings table. However, Libya’s appeal to international oil companies (IOCs) has been on the rise again since Russia’s…
Categories: Oil news

Irán confirma más de 1.560 fallecidos desde el primer ataque de EEUU e Israel

Apporea noticias - Tue, 03/24/2026 - 22:21
24 de marzo de 2026.- Autoridades iraníes informaron que, desde el inicio de la guerra iniciada el pasado 28 de febrero por Israel y Estados Unidos y hasta la fecha, se han reportado al menos 1.563 civiles asesinados. La información fue brindada por el jefe de los servicios de emergencia del país...
Categories: Venezuelan news

Europe Sleeps as Global Gas Markets Reach a Boiling Point

Oil news - Tue, 03/24/2026 - 22:00
While the world’s eyes are fixed on the Iran-Hormuz crisis and the war in Ukraine, a deeper tectonic shift is quietly reshaping the West. The transatlantic alliance is losing its illusions in real time. For decades, Europe viewed this as a partnership; today, it looks more like leverage. Washington’s recent signals are unmistakable: trade support is the price of admission, and US LNG is the tool used to enforce it. This isn't diplomacy—it's hard power in economic form. Yet, leaders in Brussels and The Hague remain dangerously,…
Categories: Oil news

BCV actualiza la balanza de pagos por primera vez desde 2019

Apporea noticias - Tue, 03/24/2026 - 21:10
24 de marzo de 2026.- El Banco Central de Venezuela (BCV) actualizó este día, la balanza de pagos, por primera vez desde 2019. Si bien, las estadísticas del recién finalizado 2025 pueden considerarse como las más relevantes por ser las más recientes, los números relativos a las exportaciones d...
Categories: Venezuelan news

Europe’s Air Pollution Crisis Persists Despite Progress on Emissions

Oil news - Tue, 03/24/2026 - 21:00
Air pollution has become a growing concern around the globe, with several governments now acting to improve air quality. The new European Cancer Code addresses the problem of air pollution directly and suggests that greater action must be taken. However, several EU countries are failing to properly manage air pollution, resulting in a multitude of health conditions and contributing to global warming. A 2025 report from the European Environment Agency (EEA) suggests that, between 2005 and 2023, air pollution in the EU contributed to thousands of…
Categories: Oil news

Gobierno enviará delegación a la Casa Blanca para “nueva etapa” de relaciones con EEUU

Apporea noticias - Tue, 03/24/2026 - 20:49
24 de marzo de 2026.- La presidenta Encargada, Delcy Rodríguez, anunció que esta semana partirá hacia Washington una delegación diplomática, con el objetivo de iniciar una nueva etapa de diálogos formales con el Gobierno de los Estados Unidos (EE. UU). Este anuncio lo ofreció durante la reunión q...
Categories: Venezuelan news

Se cumplen 50 años del golpe de Estado de 1976 en Argentina

Apporea noticias - Tue, 03/24/2026 - 20:32
24 de marzo de 2026.- Organizaciones de derechos humanos, agrupaciones políticas, sindicatos y movimientos sociales se movilizan este martes 24 de marzo en la Plaza de Mayo y en distintos puntos del país, en el marco del Día de la Memoria por la Verdad y la Justicia. Maximo Reina, sociólogo del O...
Categories: Venezuelan news

Oil Rally Gives Russia an Excuse to Delay Crucial Budget Reform

Oil news - Tue, 03/24/2026 - 20:30
Russia was all set to tighten the screws on its own oil dependence, but the oil price spike is causing it to rethink its plan. Moscow has hit pause on planned changes to its budget rule, the mechanism designed to shield state finances from violent oil price swings. The idea was to lower the oil price threshold that determines when the National Wellbeing Fund gets tapped, forcing the government to rely less on energy windfalls.  That now looks less urgent with oil doing the heavy lifting. As of March 24, the market is doing Russia a favor.…
Categories: Oil news

Saudi Pushes White House to Prolong Iran War as Brent Tops $100

Oil news - Tue, 03/24/2026 - 20:19
Saudi Arabia is publicly calling for regional stability. Peace, even. But privately, the Kingdom is pushing the White House to press on with its campaign against Iran, with oil prices comfortably above $100—a move that could very well trigger oil demand destruction. According to multiple reports out of Washington on March 24, Crown Prince Mohammed bin Salman has been urging the Trump administration to stay the course in its campaign against Iran, framing the current conflict as a rare window to reshape the regional balance of power, worried,…
Categories: Oil news

Robotaxi Price War Threatens London’s Taxi Industry

Oil news - Tue, 03/24/2026 - 20:00
London’s cabbies could be priced out of the market unless regulators step in to curb “predatory pricing” from deep-pocketed tech giants, the boss of Addison Lee has warned. Chief executive Liam Griffin said companies like Waymo, Wayve, or Tesla risk undercutting traditional operators by subsidising fares to win market share, echoing concerns from the early days of Uber’s expansion. “We do feel that there is a danger that the big players can come in and ride roughshod over the existing industry”, Griffin said.…
Categories: Oil news

Conmemoran en Italia aniversario de masacre de las Fosas Ardeatinas

Apporea noticias - Tue, 03/24/2026 - 19:53
24 de marzo de 2026.- El presidente italiano, Sergio Mattarella, asistió hoy a una ceremonia nacional en esta capital por el aniversario 82 de la masacre de las Fosas Ardeatinas, crimen cometido por fuerzas nazis de ocupación contra más de 300 civiles. Un comunicado divulgado en el sitio oficial ...
Categories: Venezuelan news

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