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Large Surprise Crude Draw Boosts Oil Prices

Oil news - Wed, 11/27/2024 - 00:46
Crude oil inventories in the United fell by 5.935 million barrels for the week ending November 15, according to The American Petroleum Institute (API). Analysts had expected a smaller build of 250,000 barrels.   For the week prior, the API reported a 4.753 barrel build in crude inventories.   So far this year, crude oil inventories have fallen by more than 5 million barrels since the beginning of the year, according to API data.     On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic…
Categories: Oil news

Large Surprise Crude Draw Boosts Oil Prices

Oil news - Wed, 11/27/2024 - 00:46
Crude oil inventories in the United fell by 5.935 million barrels for the week ending November 15, according to The American Petroleum Institute (API). Analysts had expected a smaller build of 250,000 barrels.   For the week prior, the API reported a 4.753 barrel build in crude inventories.   So far this year, crude oil inventories have fallen by more than 5 million barrels since the beginning of the year, according to API data.     On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic…
Categories: Oil news

Un encuentro amplio de trabajadores para la lucha por el salario y otros derechos, plantea Gustavo Martínez, de Marea Socialista

Apporea noticias - Wed, 11/27/2024 - 00:36
El dirigente de Marea Socialista Gustavo Martínez fue entrevistado en el programa Agenda Común conducido por Vanessa Davies y por José Gregorio Yépez, desde la plataforma Punto de Corte. Esta entrevista se realizó el día 25 de noviembre y se tocaron temas relacionados con la situción de la cla...
Categories: Venezuelan news

What Will Trump’s Approach Be To Saudi Arabia And OPEC+?

Oil news - Wed, 11/27/2024 - 00:00
One of President-elect Donald Trump’s key achievements when first in office was keeping the benchmark oil prices within a very carefully managed range – ‘The Trump Oil Price Range’. The lower part of this is US$40-45 per barrel of the Brent benchmark, which is the price at which the bulk of U.S. shale oil producers can breakeven and make a good profit on top. The upper part is US$75-80 per barrel, which ties into historical data showing that a gasoline price of under US$2 per gallon has been most advantageous for U.S. economic…
Categories: Oil news

Efemérides 26 noviembre: ¡No al uso indiscriminado de agroquímicos! - ¡Acceso a la Educación Superior! - Día del Transporte Sostenible

Apporea noticias - Tue, 11/26/2024 - 23:59
Es 26 de noviembre, mes 11 del 2024. Es el día número 331 del año (bisiesto) y faltan 35 días para su terminación, pues tiene 366 días. Hoy es martes. Los años bisiestos se presentan cada cuatro años en los que se añade un día más a febrero (29 F) y el año es de 366 días....
Categories: Venezuelan news

Oil Producers Balk at Team Trump’s Tariff Plan for Canadian Imports

Oil news - Tue, 11/26/2024 - 23:45
When Donald Trump floated the idea of slapping 25% tariffs on Canadian and Mexican imports, it was more than just a shot across the bow—it was a cannonball aimed squarely at North America’s deeply entwined trade ecosystem. U.S. oil producers are warning that a tariff on heavy oil imported from Canada would raise consumer prices at the pump. Some pundits are dismissing these threats as political bluster, while others are cautioning not to shrug off the notion entirely. If enacted, these tariffs could strain trilateral relations built…
Categories: Oil news

Oil Producers Balk at Team Trump’s Tariff Plan for Canadian Imports

Oil news - Tue, 11/26/2024 - 23:45
When Donald Trump floated the idea of slapping 25% tariffs on Canadian and Mexican imports, it was more than just a shot across the bow—it was a cannonball aimed squarely at North America’s deeply entwined trade ecosystem. U.S. oil producers are warning that a tariff on heavy oil imported from Canada would raise consumer prices at the pump. Some pundits are dismissing these threats as political bluster, while others are cautioning not to shrug off the notion entirely. If enacted, these tariffs could strain trilateral relations built…
Categories: Oil news

Honduras: Corte Suprema ratificó condenas contra implicados en el asesinato de Berta Cáceres

Apporea noticias - Tue, 11/26/2024 - 23:02
26 de noviembre de 2024.- A más de ocho años del asesinato de Berta Cáceres, la Sala de lo Penal ratificó las condenas contra siete de las ocho personas sentenciadas en su grado de autoría material y coautoría del crimen contra la lideresa ambiental lenca. Los nombres de las personas cuya senten...
Categories: Venezuelan news

Bitcoin alcanza máximos históricos tras la victoria de Donald Trump

Apporea noticias - Tue, 11/26/2024 - 23:00
26 de noviembre de 2024.- Bitcoin vuelve a ser tendencia mundial con un rally sin precedentes que ha llevado su valor a alcanzar 88,000 dólares, impulsado por la reciente victoria de Donald Trump en las elecciones presidenciales de Estados Unidos. Este hito marca un récord histórico y representa un ...
Categories: Venezuelan news

Don't Underestimate Trump's Impact on U.S. LNG

Oil news - Tue, 11/26/2024 - 23:00
Triggered by incoming US President Donald Trump, the next four years could prime the liquefied natural gas (LNG) markets for a golden era. Based on his campaign pledge, the returning president’s expected policies are likely to accelerate US LNG infrastructure expansion through deregulation and faster permitting, bolstering global supply. This could strengthen the sentiment around global LNG supply after years of uncertainty, helping to unleash long-term demand. Even so, an untimely supply boost will heighten the risk of a medium-term market…
Categories: Oil news

México: mujeres se manifiestan en 12 estados contra la violencia de género

Apporea noticias - Tue, 11/26/2024 - 22:26
26 de noviembre de 2024.- Colectivos feministas, activistas de derechos humanos y familiares de mujeres asesinadas marcharon y realizaron ayer diversas actividades en el contexto del Día Internacional de la Eliminación de la Violencia contra la Mujer (25N) en Baja California, Chihuahua, Guanajua...
Categories: Venezuelan news

U.S. Gas Drillers Saddle Up for Data Center-Fueled Demand Ride

Oil news - Tue, 11/26/2024 - 22:00
U.S. natural gas producers are preparing for stronger demand and higher prices for their product as data center proliferation accelerates further and years of depressed gas prices become a thing of the past. They are not letting it all happen by itself either—gas executives are in talks with data center developers to build them where the gas is. “Expectation of a step change in power demand has created opportunities for increasing dialogue around the potential for power generation and data projects within the Permian Basin,” the…
Categories: Oil news

Ministro Cabello confirma allanamientos a 90 empresas del Zulia vinculadas a José Enrique Rincón por conspiración

Apporea noticias - Tue, 11/26/2024 - 21:55
26 de noviembre de 2024.- El ministro de Interior y Justicia, Diosdado Cabello confirmó que se están llevando a cabo 90 allanamientos a empresas vinculadas al empresario camaronero zuliano José Enrique Rincón, en el marco de la investigación por un presunto plan de conspiración. Cabello también ...
Categories: Venezuelan news

Más de 100 millones de gallinas sacrificadas en Estados Unidos desde 2022 por gripe aviar

Apporea noticias - Tue, 11/26/2024 - 21:08
26 de noviembre de 2024.- El persistente brote de gripe aviar y la cercana temporada navideña está provocando un aumento sostenido en el precio del huevo en Estados Unidos, según un reciente reporte de la agencia de noticias AP. Sin embargo, los precios aún están lejos del más reciente pico que a...
Categories: Venezuelan news

Russia Targets Ukraine’s Power Grid With Record Number of Projectiles

Oil news - Tue, 11/26/2024 - 21:00
Russia overnight launched 188 drones and four cruise missiles at targets in Ukraine -- a record number of projectiles in a single attack, Kyiv's air force said, as NATO and Ukrainian envoys prepared to gather in Brussels to assess Moscow's launching last week of an experimental missile at a Ukrainian city. Ukrainian air-defense systems "tracked 192 air targets -- four Iskander ballistic missiles and 188 enemy drones," the air force said in a message on Telegram. It added that 76 Russian drones were shot down over 17 Ukrainian regions, while another…
Categories: Oil news

Australia: manifestantes rechazan energicamente el genocidio israelí

Apporea noticias - Tue, 11/26/2024 - 20:50
26 de noviembre de 2024.- Australia vive cada domingo protestas de apoyo a los pueblos de Líbano y Palestina, a su vez los manifestantes muestran su rechazo al genocidio llevado a cabo por Israel. En principales ciudades como Melbourne y la capital, Sydney, estudiantes y jóvenes se reúnen bajo la...
Categories: Venezuelan news

U.S. Oil Output Hits Record High in August

Oil news - Tue, 11/26/2024 - 20:30
The United States set a new crude oil production record in August 2024, averaging 13.4 million barrels per day (bpd), according to the Energy Information Administration (EIA). This figure eclipsed the previous peak of 13.3 million bpd in December 2023 and solidified the U.S.'s position as the world’s top oil producer—a title it has held since 2018. Through the first eight months of 2024, monthly production only dipped below 13 million bpd once, reflecting a consistent upward trend. According to the EIA, the United States’ average…
Categories: Oil news

U.S. Oil Output Hits Record High in August

Oil news - Tue, 11/26/2024 - 20:30
The United States set a new crude oil production record in August 2024, averaging 13.4 million barrels per day (bpd), according to the Energy Information Administration (EIA). This figure eclipsed the previous peak of 13.3 million bpd in December 2023 and solidified the U.S.'s position as the world’s top oil producer—a title it has held since 2018. Through the first eight months of 2024, monthly production only dipped below 13 million bpd once, reflecting a consistent upward trend. According to the EIA, the United States’ average…
Categories: Oil news

Esfera de Soto se vistió de violeta feminista en Caracas

Apporea noticias - Tue, 11/26/2024 - 20:11
26 de noviembre de 2024.- Como una señal de la lucha contra la violencia hacia la mujer, la esfera Caracas, del artista venezolano Jesús Soto, ubicada en la autopista Gran Cacique Guaicaipuro de la capital, este lunes 25 de noviembre se iluminó de violeta. La actividad fue organizada por la Gran ...
Categories: Venezuelan news

Does China Have the Upper Hand in Energy Deals With Russia?

Oil news - Tue, 11/26/2024 - 20:00
In May of 2014, during President Vladimir Putin’s state visit to Beijing on May 21, China and Russia signed a 30-year gas supply agreement worth $400 billion. At the time, Russia was staging a war with Ukraine and faced increasing economic sanctions from the West. Then, in 2022, Russia signed yet another 30-year agreement to supply natural gas to China just before launching its invasion of Ukraine. At the time of the initial 30-year agreement, Putin claimed that the $80 billion worth of new production and pipeline infrastructure needed to…
Categories: Oil news

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