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API Confirms Very Large Crude and Oil Product Draws
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 8.1 million barrels in the week ending May 1. In the week prior, US crude oil inventories fell by 1.79 million barrels. Analysts had expected a 2.8-million-barrel draw. US crude inventories are up 37 million barrels so far this year, according to API data. Inventories in the US Strategic Petroleum Reserve (SPR) continue to draw down in an attempt to alleviate the pressure on prices. For week ending May 1, 5.2 million barrels left the SPR, bringing…
Categories: Oil news
Durante 20 días más estará cerrado paso peatonal por puente Santander
5 de mayo de 2026.- Por 20 días más permanecerá cerrado el paso peatonal por el puente internacional Francisco de Paula Santander, por fallas de la estructura. El cierre preventivo se mantiene en la población de Ureña y funcionarios de Protección Civil siguen desplegados a lo largo de la estructura ...
Categories: Venezuelan news
Venezuela’s Oil Rebound Shows Why the Petrodollar Is a Logistics System
Venezuela’s oil is moving again. That does not mean Venezuela’s oil industry has been rebuilt. It means something narrower, more technical, and more revealing: part of the machinery required to make Venezuelan barrels tradable has been switched back on. That distinction matters for oil markets. Venezuela’s oil exports rose 14% in April to 1.23 million barrels per day, the country’s highest monthly export level since late 2018, according to Reuters. The increase followed a political reset after Nicolás Maduro’s…
Categories: Oil news
Norway Just Switched on Another Gas Lifeline for Europe
With little fanfare but clear strategic impact, Equinor has brought the long-forgotten Eirin gas field into production, sending fresh gas volumes into Europe’s system at a moment when security of supply still outweighs nearly every other energy priority. The project may not be large by global standards, but its timing, speed, and symbolism speak far louder than its size. Once written off as uneconomic, Eirin is now flowing gas through the Gina Krog platform and onward via the Sleipner A hub, reinforcing Norway’s position as Europe’s…
Categories: Oil news
(VIDEO) Trump en crisis, ataques en Ormuz elevan tensión con Irán
Martes, 05 de mayo de 2026.- Trump en crisis — ataques en Ormuz elevan tensión con Irán
Escalada en Ormuz lleva la crisis a un punto crítico
Un nuevo desarrollo está generando preocupación global tras reportes de ataques y tensiones crecientes en el Strait of Hormuz, una de las rutas energét...
Categories: Venezuelan news
Alarmante pronóstico sobre las reservas de crudo: ¿para cuántos días quedan?
Las reservas globales de petróleo se acercan a su nivel más bajo en ocho años y la velocidad con la que se están agotando empieza a ser motivo de preocupación,
Categories: Venezuelan news
US Senators Push to Reinstate Russian Oil Sanctions
A group of 14 Senate Democrats is pressing the Trump administration to reinstate sanctions on Russian oil after a temporary waiver tied to the Iran war. In a letter to Treasury Secretary Scott Bessent, the lawmakers argued that the policy allows additional revenue to flow to Moscow, at a time when oil prices are already elevated. The administration first eased sanctions in mid-March after the Strait of Hormuz disruption tightened global supply and pushed prices sharply higher. The 30-day waiver, initially set to expire April 11, has been extended…
Categories: Oil news
The $12.5 Billion Investment Designed to Counter China’s Minerals Dominance
The Asian Development Bank is committing $12.5 billion in assistance to Uzbekistan, aiming to hasten the Central Asian nation’s economic modernization. In addition, the bank has unveiled an initiative apparently intended to loosen China’s grip on supply chains for critical minerals and rare earths. The announcements came as the ADB’s board of governors convened for its annual meeting on May 3 in the Uzbek city of Samarkand. The new Uzbek-ADB Partnership Program will run through 2030. A major focus is the development of a more…
Categories: Oil news
Primera onda tropical de 2026 llega a territorio venezolano este martes
El Instituto Nacional de Meteorología e Hidrología (Inameh) informó que la primera onda tropical de la temporada 2026 llegará al territorio venezolano durante la mañana de este martes 5 de mayo.
El fenómeno, identificado como Onda Tropical Nro. 1, se localiza al noreste de Guayana, ...
Categories: Venezuelan news
(VIDEO) Canciller Yván Gil reafirma ilegalidad del recurso guyanés ante CIJ
El canciller Yván Gil, quien lidera la delegación venezolana en defensa del Esequibo ante la Corte Internacional de Justicia (CIJ), en La Haya (Países Bajos), reafirmó este lunes que Venezuela defenderá el territorio en todos los ámbitos que sean necesarios.
Sostuvo que la acción pr...
Categories: Venezuelan news
Top Permian Producer Adds Rigs as Oil Rally Holds
Diamondback Energy, one of the biggest pure-play Permian Basin producers in West Texas, said Monday it is immediately boosting oil output in response to the ongoing price rally driven by the Iran war — making it the first major shale operator to openly break from the capital-discipline playbook that has defined the sector since 2022. In a letter to shareholders on Monday, CEO Kaes Van't Hof announced the company averaged 521,000 barrels of oil per day in the first quarter of 2026 — exceeding even the high end of its guidance range of…
Categories: Oil news
U.S.-Canada Oil Pipeline Nears Go-Ahead as Shippers Lock In Volumes
A long-delayed push to move more Canadian crude into the United States is back on the table, and this time it has barrels behind it. Oil companies have committed at least 400,000 barrels per day to the project, or about 72% of its initial 550,000 bpd capacity. South Bow Corp. and Bridger Pipeline are targeting roughly 450,000 bpd in long-term contracts, a level that is typically required before construction proceeds. That demand tells you everything about the current bottleneck. Canada is producing about 5.5 million bpd and heading toward 6.1 million…
Categories: Oil news
BP Considers Retreat From North Sea Amid Mounting Tax Pressures
BP is reportedly eyeing a potential exit from the North Sea as the tax load on energy companies seems unlikely to be eased with the Iran war. The UK oil giant is considering either ceasing or partially winding down operations in the North Sea, according to Bloomberg, as part of an effort to strip assets and pay debt. It said it would look to find around £2bn in full divestment, which could hit its control of basins in the North Sea. The decision is subject to an internal review of its assets and operations. …
Categories: Oil news
US Moves to Break Iran’s Chokehold on Hormuz
Oil Shockwave: Middle East Crisis Sends 2027 Prices Into Orbit - The deteriorating oil crisis in the Middle East is gradually pushing up oil price expectations not only for this year but also for 2027 ahead, with market participants worried about the viability of Gulf exports even if the current double blockade ends. - Some 11 million b/d of production is currently shut across the Middle East, with most oil producers reaching tank-tops and unable to store more in their systems; these high inventories would take at least 2-3 months to clear.…
Categories: Oil news
Shell and INEOS Strike Gulf of Mexico Exploration Deal
Shell and INEOS Energy have agreed to jointly invest in exploration and development opportunities in the U.S. Gulf of Mexico, the UK-based energy unit of chemicals giant INEOS said on Tuesday. INEOS Energy and Shell Offshore Inc, a subsidiary of the UK-based supermajor, are thus boosting their cooperation and will be exploring for opportunities in areas in tieback distance to the Shell-operated Appomattox production hub in the Gulf of Mexico. As a result of the strengthened cooperation, INEOS is buying a 21% working interest in these assets for…
Categories: Oil news
Venezuela proyecta el mayor crecimiento regional impulsado por el sector agroalimentario
La Presidenta (E) de la República, Delcy Rodríguez, lideró una reunión con el equipo del Motor Agroalimentario para evaluar los avances estratégicos del sector en este primer tramo del año. Durante el encuentro, se informó que la nación registra un abastecimiento pleno y un repunte del 31,1 % ...
Categories: Venezuelan news
Un recurso perdido: Venezuela supera 12 veces el promedio mundial de emisiones de gas metano
China, Estados Unidos y Rusia encabezan las emisiones de gas metano en el mundo, aunque, en relación con su tamaño, destaca la intensidad detectada en Turkmenistán y Venezuela, informó este lunes 4 de mayo la Agencia In...
Categories: Venezuelan news
(VIDEO) Grandes contradicciones entre lo que declara Trump y las acciones de Irán
Martes, 05 de mayo de 2026.- Existe una contradicción evidente entre las declaraciones de Donald Trump, presidente de los Estados Unidos, quien en distintos escenarios ha afirmado y corraborado que la República Islámica de Irán está en su peor momento, ya que no tiene misiles, ni radares, ni a...
Categories: Venezuelan news
Team Beisbol Venezuela entra a la inmortalidad en el Salón de la Fama de Cooperstown
COOPERSTOWN (04/05/26).– La historia del deporte nacional alcanzó su brillo internacional con la inauguración oficial de la exhibición permanente dedicada al campeonato del Team Beisbol Venezuela en el Salón de la Fama y Museo Nacional del Beisbol en Cooperstown. Tras la histórica hazaña...
Categories: Venezuelan news
Después de estar secuestrado y torturado por Israel volvió a Argentina Pablo Giachello, integrante de la Flotilla Global Sumud
El diputado del Partido Obrero regresó al país tras la intercepción militar israelí y exige la liberación de los activistas que siguen presos.
Ezeiza, Argentina. El domingo por la mañana, el Aeropuerto Internacional de Ezeiza se convirtió en una tribuna política. Pablo Giachello, di...
Categories: Venezuelan news

