U.S. gasoline prices are set to fall to the lowest level since 2020, thanks to increasing supplies, despite some ongoing refinery maintenance, GasBuddy has predicted. GasBuddy has predicted that U.S. motorists will pay an average of $2.79 per gallon on Christmas Day, down from $2.95 per gallon a year ago. That will mark the cheapest gas since prices averaged $2.26 per gallon in the Christmas of 2020. The Energy Information Administration has projected that rising global oil inventories will put downward pressure on oil prices, with a gallon of…

In mid-August, Chevron dispatched the first two crude oil cargoes from Venezuela since the start of the year. The company had secured a sanction waiver from the Biden administration, but President Trump canceled that—temporarily. Since then, Chevron has had to contend with political uncertainty and, lately, the prospect of a hot war between the U.S. and Venezuela. But it is not leaving. Chevron previously produced up to 240,000 barrels per day through its joint ventures with Venezuela’s PDVSA. Indeed, looking further back, American…

Iraq is at a crucial tipping point in its history. The past few months especially have seen a surge in activity from Western firms looking to re-enter the country’s oil and gas sector following a prolonged hiatus that had allowed the previous build-up of influence of China and Russia to accelerate and expand. Both sides – West and East – see Iraq as a crucial part of their global strategic plans, with no room for the other in this zero-sum game.  As exclusively revealed to OilPrice.com by a very high-ranking official…

The total number of active drilling rigs for oil and gas in the United States rose by 3 this week, according to new data that Baker Hughes published on Tuesday, bringing the total rig count in the US  to 545 this week, down 44 from this same time last year. The number of active oil rigs rose by 3 in the reporting period, according to the data, after US drillers saw an 8-rig decline in the week prior. Oil rigs are now at 409, which is 74 below this same time last year. The number of gas rigs stayed the same at 127, which is 25 more than this…

23 de diciembre de 2025.-Organizado por la Coordinación para la Enseñanza del Portugués en Venezuela (CEPE Vzla) y la Embajada de Portugal, el VI Encuentro Virtual de Escritores rendirá homenaje a Camilo Castelo Branco, reuniendo a destacadas voces de Portugal, Brasil, Mozambique y Cabo Verd...

23 de diciembre de 2025.-El Cuerpo de Investigación Científica, Penales y Criminalística (Cicpc), incautó 22 envoltorios contentivos de restos vegetales de presunta droga, denominada marihuana con un peso aproximado de 11,670 kilogramos, mientras realizaban labores de inteligencia y chequeo ru...

President Trump’s recent decision to rescind the Biden-era fuel efficiency standards marks a sharp shift in U.S. transportation policy. While the administration frames the move as a win for consumers and automakers, the implications extend well beyond the showroom floor. The rollback raises fresh questions about how automakers should plan long-term investments in an increasingly fragmented regulatory environment. What The Biden Standards Were Designed To Achieve The Biden administration’s rules, finalized in 2024, set aggressive targets:…

El embajador de la Federación de Rusia en Venezuela, Sergey Mélik-Bagdasárov, emitió un fuerte mensaje en su cuenta X en respaldo a la Nación Bolivariana y también en respuesta al reciente Fake News de la agencia Associated Press (AP) donde afirmó que Rusia "evacuó a su personal diplomáti...

El presidente de Estados Unidos, Donald Trump, anunció este lunes que Washington persigue un tercer tanquero venezolano para «incautarlo». Sus declaraciones se producen después de que EE. UU. en un acto de piratería ya robara dos petroleros venezolanos. En respuesta...

China’s independent refiners are accelerating purchases of Russia’s Far Eastern ESPO crude blend as Chinese refiners were issued new import quotas and the discount of Russian crude swelled to a record high, traders told Reuters on Tuesday. After missing out the crude purchasing windows for most of the fourth quarter, amid a lack of quotas allowing imports, the Chinese refiners, especially the so-called ‘teapots’ of the Shandong province, are back on the market hunting for bargain trades. The discount of the Russian ESPO…

China’s independent refiners are accelerating purchases of Russia’s Far Eastern ESPO crude blend as Chinese refiners were issued new import quotas and the discount of Russian crude swelled to a record high, traders told Reuters on Tuesday. After missing out the crude purchasing windows for most of the fourth quarter, amid a lack of quotas allowing imports, the Chinese refiners, especially the so-called ‘teapots’ of the Shandong province, are back on the market hunting for bargain trades. The discount of the Russian ESPO…

La vicepresidenta Ejecutiva de Venezuela, Delcy Rodríguez, informó sobre el zarpe de un buque de la compañía Chevron cargado con petróleo venezolano con destino a Estados Unidos. La operación se realiza en cumplimiento de los acuerdos establecidos por la industria petrolera nacional y el marco...

El presidente de Estados Unidos, Donald John Trump, anunció este lunes la construcción de dos nuevos buques de guerra, en un acto realizado en Palm Beach, Florida, junto a altos mandos militares. El inquilino de la Casa Blanca aseguró que se trata de los navíos más grandes y poderos...

Mientras las familias venezolanas intentan sortear la crisis económica para mantener vivas las tradiciones decembrinas, un factor crítico agrava la situación en los hogares más vulnerables: el marcado retraso en la distribución de las bolsas de los Comités Locales de Abastecimiento y Producció...

The Chinese yuan is making gains on the US dollar in Central Asia as a form of payment in commercial transactions. For example, the volume of trade in the Chinese yuan/Kazakh tenge (CNY/KZT) forex pair in Kazakhstan’s spot foreign exchange market grew by 102.1 percent to an equivalent of about $2 billion during the January-November period in 2025, compared with the same timeframe last year, according to Kazakhstan’s stock exchange platform, KASE. However, the US dollar (USD) remains the dominant foreign currency by far. For the USD/KZT…

Es 23 de diciembre de 2025. Han transcurrido 357 días del año y faltan 8 días para su terminación. Hoy es martes. Las efemérides se refieren a sucesos, celebraciones o conmemoraciones significativas para un área del conocimiento, la cultura y las artes, la historia o la cienc...

More than half of the power plants in the PJM market running on fossil fuels have either deferred or canceled plans to retire as soaring electricity demand from AI data centers has operators use all available capacity to ensure the flexibility and reliability of the grids. PJM Interconnection is the biggest power grid in the United States, whose area covers 13 mid-Atlantic and Midwest states and the District of Columbia. According to a Reuters analysis of company filings in the PJM region, around 60% of the power plants running on oil, natural…

La víspera de la Nochebuena en Venezuela se vive hoy entre la tradición y la incertidumbre. Lo que debería ser una jornada dedicada a los preparativos de la cena navideña se ha convertido para miles de pensionados en una tensa espera frente a sus teléfonos, aguardando los mensajes con la infor...

Copper prices hit a fresh high on Tuesday, rallying above $12,000 per ton on the London Metal Exchange, and on track to post their biggest annual gain since 2009, as supply disruptions and U.S. trade policies have created concerns about shortages. On Tuesday midday, copper prices hit as much as $12,044 per ton on the London Metal Exchange (LME), crossing the $12,000 a ton threshold for the first time ever. Prices have rallied and set several record-highs since October when concerns about supply shortages intensified. Copper prices have soared by…