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Warren Buffett’s Legacy of Investing Lessons
Last weekend, at the Berkshire Hathaway (BRKB) shareholders meeting, Warren Buffett surprised everyone except his two children, who were the only people he had told beforehand, by announcing that he would be retiring as the company’s CEO. I guess we shouldn’t have been surprised that a 94-year-old wanted to retire, but Buffett’s boundless energy and enthusiasm for investing created an illusion that he would go on forever. He didn’t, of course, but much of his investing advice will. Warren Buffett was enormously successful…
Categories: Oil news
Geopolitical Tensions Flare Around the Globe
It’s been a busy first half of the year, geopolitically, and this week has been no different, with the India-Pakistan conflict erupting into airstrikes, more back-and-forth on the tariff front, ISIS rearing its head in repositioning Syria, more cracks in the Libyan power architecture, and the hatching of a European plan to ban Russian gas fully by 2027 (but please can we find a way to get Russian gas that is … less obvious?). India and Pakistan are sliding into their most dangerous confrontation in years. After a deadly Kashmir attack…
Categories: Oil news
Efemérides 9 de Mayo: El presidente adeco, Rómulo Betancourt, ilegaliza al PCV y al MIR (1962)
Es 9 de Mayo de 2025. Han transcurrido 129 días de...
Categories: Venezuelan news
Enbridge Tops Q1 Profit Estimates on Record Mainline Crude Volumes
Canada’s pipeline giant Enbridge Inc. reported on Friday record quarterly earnings for the first quarter of the year as it moved a record-high volume of liquids on its huge Mainline pipeline system in North America. The company booked adjusted earnings of US$1.58 billion (C$2.2 billion), or US$0.74 (C$1.03) per common share, for the first quarter, up from US$1.44 billion (C$2 billion) for the same period of 2024. The EPS beat the analyst consensus estimate of US$0.69 (C$0.96) for the first quarter of 2025. Enbridge operates the Mainline system,…
Categories: Oil news
Fiscal General ordenó la captura del colector que agredió a adulto mayor por pagar la mitad del pasaje
El Fiscal General de la República Tarek William Saab designó a la Fiscalía 33 en Materia de Delitos Comunes de Carabobo, para investigar y sancionar los hechos donde un colector de autobús agredió físicamente a un adulto mayor y lo dejo tirado en el pavimento.
El hecho se registró e...
Categories: Venezuelan news
Trade Optimism Pushes Oil Prices Higher
Crude oil prices climbed this week on hopes that the U.S. and China might come to a trade agreement after a deal was announced with the UK.Friday, May 9th, 2025 ICE Brent futures have recovered to $64 per barrel as oil markets keep their hopes high for the upcoming first round of US-China trade talks this weekend. Should US Treasury Secretary Scott Bessent reach some sort of breakthrough with his Chinese counterpart He Lifeng, May could recoup most of April’s losses. US Slaps Sanctions on Third Chinese Refiner. The US Department…
Categories: Oil news
CNE de Venezuela convoca a simulacro este sábado para elecciones del 25 de mayo
El Consejo Nacional Electoral (CNE) invitó a los ciudadanos a participar en el simulacro programado para este sábado 10 de mayo, con miras a la celebración de las megalecciones del próximo 25 de mayo.
El máximo ente electoral ya ha difundido el listado de los puntos de votación auto...
Categories: Venezuelan news
(VIDEO) Trump despide a la directora de la Biblioteca del Congreso
Donald Trump despidió a la Bibliotecaria del Congreso, Carla Hayden, una decisión que podría considerarse hoy un nuevo ataque del presidente de Estados Unidos al arte y la cultura.
Hayden, primera mujer y también primera afroamericana en ocupar el cargo, fue relevada del puesto, seg...
Categories: Venezuelan news
(VIDEOS) ¿Continuidad o giro en el Vaticano? Expectativa por la llegada del papa León XIV
Sotana blanca con la clásica muceta roja, la cruz pectoral dorada con bordados y el solideo blanco, la vestimenta papal tradicional que no se veía desde 2005, reapareció este j...
Categories: Venezuelan news
Indonesia Looks to Buy More U.S. Fuel to Avoid Steep Tariffs
Indonesia plans to slash its fuel imports from Singapore and source more refined products from the United States as the country looks to negotiate lower tariffs with the U.S. Indonesia was slapped with one of the highest tariffs - 32% - in the “liberation day” tariffs announced by U.S. President Donald Trump in early April. These tariffs have been suspended for 90 days, during which the Trump Administration expects most countries to come pleading their cases and promising to boost their imports of U.S. goods to avoid high tariffs. In…
Categories: Oil news
Indonesia Looks to Buy More U.S. Fuel to Avoid Steep Tariffs
Indonesia plans to slash its fuel imports from Singapore and source more refined products from the United States as the country looks to negotiate lower tariffs with the U.S. Indonesia was slapped with one of the highest tariffs - 32% - in the “liberation day” tariffs announced by U.S. President Donald Trump in early April. These tariffs have been suspended for 90 days, during which the Trump Administration expects most countries to come pleading their cases and promising to boost their imports of U.S. goods to avoid high tariffs. In…
Categories: Oil news
Papa León XIV se ha mostrado crítico a las políticas migratorias de Trump
El nuevo papa León XIV se ha mostrado públicamente como un crítico a las políticas migratorias implementadas por la Administración de Donald Trump, ya que a través de sus redes...
Categories: Venezuelan news
(VIDEO) Papa León XIV ya estuvo entre la feligresía venezolana: Rindió honores a la Virgen de Coromoto en 2023
Robert Prevost, quien fue elegido como el nuevo Sumo pontífice este jueves, realizó una visita a Venezuela en septiembre de 2023. En aquel entonces, el ahora Papa se desempeñaba como Prefecto del Dicasterio para los Obispos del Vaticano y participó activamente en las festividades en honor a la...
Categories: Venezuelan news
Valor del bitcoin supera los 100.000 dólares por primera vez en meses
9 de mayo de 2025.- El precio del bitcoin, la criptodivisa más popular, ha experimentado una subida significativa, superando los 100.000 dólares.
Según analistas del mercado, el valor se disparó en medio del anuncio de la Casa Blanca de que EE.UU. y el Reino Unido, el cual han alcanzado un conven...
Categories: Venezuelan news
Oil Prices On Track for Weekly Gain as Market Expects U.S.-China Trade Talks
Oil prices are on track to post a weekly gain amid expectations that the first U.S. trade deal post-tariffs, with the UK, could be a good sign of thaw in the tense trade relations ahead of the U.S.-China talks this weekend. As of 9:45 a.m. EDT on Friday, the front-month U.S. benchmark futures, WTI Crude, were up by 0.92% at $60.42. The international benchmark, Brent Crude, was rising by 0.80% at $63.31. After posting a weekly loss last week, oil was on track early on Friday for a weekly gain this week, after the U.S. and the UK announced on Thursday…
Categories: Oil news
U.S. Seeks to Downgrade Climate Risk in Global Financial Regulations
The U.S. is proposing that the Task Force on Climate-related Financial Risks (TFCR) at the Basel Committee on Banking Supervision (BCBS) be downgraded to a working group, the Financial Times reported on Friday, citing sources briefed on the matter. The Basel Committee is the top global regulator of the banking sector, and its 45 members comprise central banks and bank supervisors from 28 jurisdictions. For the United States, the representatives on the committee are four institutions – the Fed, the Federal Reserve Bank of New York, the Office…
Categories: Oil news
U.S. Seeks to Downgrade Climate Risk in Global Financial Regulations
The U.S. is proposing that the Task Force on Climate-related Financial Risks (TFCR) at the Basel Committee on Banking Supervision (BCBS) be downgraded to a working group, the Financial Times reported on Friday, citing sources briefed on the matter. The Basel Committee is the top global regulator of the banking sector, and its 45 members comprise central banks and bank supervisors from 28 jurisdictions. For the United States, the representatives on the committee are four institutions – the Fed, the Federal Reserve Bank of New York, the Office…
Categories: Oil news
Pemex to Reopen Old Oil Wells to Boost Production
Mexico’s Pemex plans to reopen mature oil wells in a bid to increase production, which has been in a steady decline for years. According to a Reuters report, the Mexican state energy firm filed a report with the U.S. Securities and Exchange Commission saying it expected this year’s average daily oil output to 1.58 million barrels daily. This compares to a government production target of 1.8 million barrels daily. To stem this decline, Pemex seems to be considering reopening idled wells, according to sources that Reuters did not name.…
Categories: Oil news
Chinese Teapots Buy Abu Dhabi Crude as Fuel Oil Prices Jump
Some of China’s independent refiners, the so-called teapots, are making a rare foray into the prompt Middle Eastern crude supply by buying cargoes of Abu Dhabi’s Murban grade for delivery in June, anonymous sources with knowledge of the deals told Bloomberg on Friday. The buyers, independent refiners Fuhai Group Co. and Shaanxi Yanchang Petroleum Group, bought 1 million barrels of Murban crude each, at a premium of about $5 above the August ICE Brent futures, traders told Bloomberg. …
Categories: Oil news
Rusia apoya el ingreso de Venezuela a los BRICS en nueva alianza multipolar
En un gesto que resuena con fuerza en el tablero geopolítico mundial, la Federación de Rusia manifestó su firme respaldo a la aspiración de la República Bolivariana de Venezuela de integrarse como miembro pleno al bloque de los BRICS.
Este respaldo se enmarca en el Acuerdo de Asocia...
Categories: Venezuelan news