Geopolitical developments have moved oil prices in both directions in recent days. Yet, the movements up or down were short-lived and smaller than they would have been if the market were tight or balanced.   But the feared oversupply is already here, manifested in the largest volume of oil in floating storage accumulated since the 2020 pandemic year, when the crash in demand led to a major stock surge both on land and on tankers at sea. The well-supplied market with Brent crude prices barely hanging on to the $60 per barrel handle has kept…

Everyone seems to be in agreement: global oil supply is greater than the demand for the fuel. The consensus stands despite the fact that some of the world’s biggest storage hubs are far from overflowing. Now, many forecast even more production coming into this oversupplied market. It would only hasten the inevitable rebalancing. Kpler reported earlier this month that the amount of oil on tankers had gone up to the highest since 2020, reaching 1.3 billion barrels. But storage hubs in the Caribbean and South Africa are sitting half-empty, and…

Caracas, 22 de diciembre 2025.– Venezuela cierra el año con un nuevo logro en el sector agroproductivo, la sexta exportación de 200 toneladas de cacao con destino a la Federación de Rusia, consolidando la presencia del producto venezolano en mercados internacionales y r...

The prospect of a peace deal in Ukraine has been gaining momentum in the global oil market over the past few days, stripping away part of the geopolitical risk premium that has kept prices elevated since Russia’s invasion on 24 February 2022. Following meetings last week in Berlin with Ukrainian and European officials, U.S. special envoy Steve Witkoff and Jared Kushner stated that consensus was reached on around 90% of the issues within a 20-point peace plan. Ukraine has indicated that it may drop its NATO membership bid in exchange for legally…

America’s $30.6 trillion economy is greater than China, Germany, and Japan combined, with real GDP set to rise 2% this year. In comparison, India’s economy is projected to grow 6.6%, among the fastest rates across the world’s largest economies. It is only surpassed by Ireland, as frontloading of exports is expected to expand GDP by a striking 9.1% in 2025. This graphic, via Visual Capitalist's Dorothy Neufeld, shows the state of the world economy in 2025, based on projections from the IMF’s latest World Economic…

Shares of Trump Media & Technology Group Corp. (NYSE:DJT) have surged nearly 70% after the company agreed to merge with fusion startup TAE Technologies in a $6 billion deal. Under the terms of the deal, shareholders of each company will own roughly half of the combined entity on a fully diluted equity basis. Trump Media, majority owned by U.S. President Donald Trump, will now become the holding company for TAE Power Solutions and TAE Life Sciences alongside current holdings Truth Social, Truth+ and Truth.Fi.  Founded in 1998, TAE Technologies…

22 de diciembre de 2025.- Un grupo 'hacker' obtuvo acceso a la mayor parte del catálogo de Spotify, según una publicación en la plataforma de búsqueda de código abierto Anna’s Archive, informa Billboard. Según la publicación, el grupo activista pirata descargó 86 millones de archivos de audio y 2...

The marketing deck for the next decade of energy storage has a favorite protagonist: Lithium Iron Phosphate (LFP).  It’s the "sensible" chemistry. No cobalt, no nickel, no ethical hand-wringing over mines in the DRC, and…crucially...no thermal runaway that turns an electric SUV into a roadside bonfire. This isn't just a story about a safer battery…t’s a story about the strategic surrender of the West’s "premium" battery lead to China’s industrial floor... In 2024, LFP had already captured nearly half of…

22 de diciembre de 2025.- El politólogo Miguel Jaimes advirtió que una agresión militar de Estados Unidos contra Venezuela dispararía los precios del petróleo hasta los tres dígitos, situándolos cerca de los 300 dólares por barril lo que «va a hacer crujir la economía mundial», la información la dio...

Shell and INEOS Energy have struck oil at a deepwater exploration well in the U.S. Gulf of Mexico, confirming a new discovery in the high-pressure Norphlet formation. Shell and INEOS Energy said the Nashville exploration well encountered high-quality oil more than 26,000 feet below the seabed, according to industry reporting The well was drilled in deepwater acreage targeting the Norphlet play, a technically demanding formation associated with extreme pressure and temperature conditions that require advanced well design, specialized drilling fluids,…

Shell and INEOS Energy have struck oil at a deepwater exploration well in the U.S. Gulf of Mexico, confirming a new discovery in the high-pressure Norphlet formation. Shell and INEOS Energy said the Nashville exploration well encountered high-quality oil more than 26,000 feet below the seabed, according to industry reporting The well was drilled in deepwater acreage targeting the Norphlet play, a technically demanding formation associated with extreme pressure and temperature conditions that require advanced well design, specialized drilling fluids,…

  Es 2...

22 de diciembre de 2025.- La Federación Nacional de Cooperativas Mineras de Bolivia (Fencomin) encabezó este lunes una masiva movilización nacional en rechazo al Decreto Supremo 5503, norma que dispone la eliminación de la subvención a los hidrocarburos. Desde tempranas horas, miles de trabajador...

With the supposed need for vast new electricity generation to fuel the artificial intelligence (AI) boom, AI companies are pushing nuclear power as one solution to provide that power for the many data centers they plan to build. (Count me skeptical of the boom and therefore of the need for vast new electricity generation capacity. See here, here, here, here, and here.) AI boosters usually talk about expanding existing nuclear power technologies, that is, fission reactors that run on uranium and (more dangerously)…

Global commodities trader Glencore has acquired a majority stake in Dutch fuel supplier FincoEnergies, the Dutch company revealed on Monday, with industry sources noting that the trader intends to use the acquisition to expand its Northwest European footprint in fuel markets. FincoEnergies is a leading independent supplier of sustainable fuels and decarbonization services, helping transport companies cut emissions with ready-to-use solutions like GoodFuels biofuels, GoodShipping programs, and FuelEU Pooling, enabling them to meet sustainability…

Global commodities trader Glencore has acquired a majority stake in Dutch fuel supplier FincoEnergies, the Dutch company revealed on Monday, with industry sources noting that the trader intends to use the acquisition to expand its Northwest European footprint in fuel markets. FincoEnergies is a leading independent supplier of sustainable fuels and decarbonization services, helping transport companies cut emissions with ready-to-use solutions like GoodFuels biofuels, GoodShipping programs, and FuelEU Pooling, enabling them to meet sustainability…

Global commodities trader Glencore has acquired a majority stake in Dutch fuel supplier FincoEnergies, the Dutch company revealed on Monday, with industry sources noting that the trader intends to use the acquisition to expand its Northwest European footprint in fuel markets. FincoEnergies is a leading independent supplier of sustainable fuels and decarbonization services, helping transport companies cut emissions with ready-to-use solutions like GoodFuels biofuels, GoodShipping programs, and FuelEU Pooling, enabling them to meet sustainability…

COPENHAGUE / WASHINGTON D.C. – El gobierno de Donald Trump ha provocado un terremoto diplomático en Europa tras el nombramiento formal de un enviado especial con el objetivo explícito de integrar a Groenlandia a los Estados Unidos. La medida ha sido calificada por el gobierno danés como ...

22 de diciembre de 2025.- La situación en Gaza continúa hoy siendo frágil y depende de un acceso humanitario y comercial amplio y constante, señaló la Organización de las Naciones Unidas (ONU). El organismo multilateral citó un informe presentado por un grupo de expertos, según el cual 100 mil pe...