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Canada Sees an Opening in China’s Latest Trade Squeeze on Japan
China widened its trade dragnet on Japan Monday, adding 20 more entities, including units of Mitsubishi Electric, Mitsubishi Heavy Industries and Komatsu, to its export control blacklist. The timing undercuts Beijing's argument that Tokyo has nowhere else to turn. Three days earlier, Canada wrapped up its largest-ever trade mission to Japan with a pointed pitch: build the next critical minerals supply chain with Ottawa instead. International Trade Minister Maninder Sidhu, who led roughly 300 delegates from nearly 175 Canadian companies and organizations…
Categories: Oil news
ING: Oil Prices Have Overshot To The Downside
Global oil prices have collapsed back to pre-war levels, trading down near $70 per barrel, with a potential peace deal between the U.S. and Iran helping calm global markets and prompting the removal of massive war risk premiums from energy valuations. However, oil prices edged higher on Monday, with Brent crude for August delivery climbing 0.74% to trade at $72.54/bbl at 9.25am ET, with escalating military tensions between the United States and Iran sparking fresh fears of shipping disruptions in the vital Strait of Hormuz. And now, ING Research…
Categories: Oil news
(VIDEO) Rescatan a joven tras 106 horas bajo escombros en Venezuela
Este lunes 29 de junio brigadas de rescate nacionales e internacionales extrajeron con vida al joven Aarón Levi Cantillo, de 21 años, tras permanecer más de 106 horas atrapado bajo los escombros y una operación de rescate de 43 horas en el estado venezolano de La Guaira.
El exitoso ...
Categories: Venezuelan news
(Comunicado) Metro de Caracas suspende servicio tras sismo de este lunes
A través un comunicado compartido en redes sociales, la C. A. Metro de Caracas informó este lunes que el sistema subterráneo se encuentra provisionalmente fuera de servicio debido a razones de seguridad.
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Categories: Venezuelan news
Portugal eleva a 89 el número de desaparecidos y confirma 53 fallecidos entre su comunidad en Venezuela
El Ministerio de Relaciones Exteriores de Portugal informó este lunes que el número de ciudadanos portugueses y descendientes directos que permanecen desaparecidos tras los terremotos en Venezuela ha ascendido a 89 personas, de las cuales 52 son hombres y 37 mujeres. Las autoridades consulares...
Categories: Venezuelan news
Is Libya Quietly Becoming the Biggest Oil Prize the West Can’t Afford to Ignore?
At around the same time as OPEC raised its long-term oil demand forecast for the third consecutive year — now expecting global consumption to rise 19 million barrels per day (bpd), or 18%, by 2050 — Libya’s state-owned National Oil Corporation (NOC) announced that the country’s oil production is now at the highest level in 13 years. Its current 1.487 million bpd crude output is just a whisker away from the NOC’s short-term strategy of producing 1.5 million bpd of oil, which opens the way for the long-term strategic…
Categories: Oil news
Philippines Becomes World's Top Solar Panel Buyer
Philippines to the highest in the world since the Iran war began, according to customs data cited by Reuters. Amid soaring electricity prices and a supply crunch in fossil fuels, many Filipinos have opted to install rooftop solar panels over the past three months. The spending on solar panels in the Southeast Asian country, which has been one of the worst-hit Asian economies in the energy supply crisis triggered by the Middle East conflict, topped $407 million between March 1 and May 31, per China customs data compiled by Reuters. The Netherlands…
Categories: Oil news
Russia's Fuel Crisis Deepens as Putin Acknowledges Growing Gasoline Shortages
Russian President Vladimir Putin acknowledged what outside experts, many regional officials, and everyday citizens have already noticed: Russia is facing energy shortages, causing major problems for citizens and industries. "You are well aware that problems for drivers and for businesses persist," Putin said on June 28. "Unfortunately, there are still lines at gas stations." "We have to reduce to a minimum the impact of terrorist attacks on our civilian targets and infrastructure," apparently referring to Ukrainian drone strikes deep inside…
Categories: Oil news
Leones del Caracas de duelo: Seis familiares de peloteros y de la gerencia fallecieron en los terremotos
Los terremotos del 24 de junio también golpearon el corazón del béisbol venezolano. La organización Leones del Caracas confirmó este sábado en un comunicado oficial el fallecimiento de familiares de varios peloteros y miembros de su personal técnico y administrativo, en una tragedia que convir...
Categories: Venezuelan news
Pakistan Plans to Boost LPG Imports and Mulls Cheaper Oil Supply from Iran
Pakistan will raise its imports of liquefied petroleum gas (LPG) from Iran and considers the idea of importing cheaper crude oil from the Islamic Republic, Pakistani Minister of Petroleum, Ali Pervaiz Malik, has said. Pakistan, which is a key mediator in the U.S.-Iran negotiations, has kept close relations with Iran throughout the latest Middle East crisis, and has relied on negotiating directly with Iran safe passage of LNG carriers from Qatar bound for Pakistan during the crisis. Now that the U.S. has waived the sanctions on Iranian petroleum…
Categories: Oil news
Pakistan Plans to Boost LPG Imports and Mulls Cheaper Oil Supply from Iran
Pakistan will raise its imports of liquefied petroleum gas (LPG) from Iran and considers the idea of importing cheaper crude oil from the Islamic Republic, Pakistani Minister of Petroleum, Ali Pervaiz Malik, has said. Pakistan, which is a key mediator in the U.S.-Iran negotiations, has kept close relations with Iran throughout the latest Middle East crisis, and has relied on negotiating directly with Iran safe passage of LNG carriers from Qatar bound for Pakistan during the crisis. Now that the U.S. has waived the sanctions on Iranian petroleum…
Categories: Oil news
Sepa cómo quedó el cronograma de distribución de gasolina subsidiada del 29 de junio al 05 de julio
A partir de este lunes 29 de junio, inicia un nuevo cronograma de distribución de gasolina subsidiada para todos los conductores que se encuentren registrados en Patria. El cronograma es ajustado de manera semanal, de acuerdo con las directrices del Estado.
Desde el año 2022 la gaso...
Categories: Venezuelan news
Escalan a mil 450 los muertos por doble sismos en Venezuela
Caracas, 28 jun (Prensa Latina) Las cifras de fallecidos y heridos por los sismos en Venezuela el 24 de junio ascendieron a mil 450 y tres mil 150, respectivamente, reveló hoy en balance el presidente de la Asamblea Nacional (parlamento) Jorge Rodríguez.
El legislador precisó que lo...
Categories: Venezuelan news
Halliburton, Valero and 3 More Stocks Set Up for a Fragile Hormuz Truce
Brent crude has fallen more than 20% in the past month, sliding from triple digits during the worst of the Iran war to around $72 a barrel today. WTI sits near $70. That kind of move usually means one thing: the crisis is over. It isn't, not quite. The Strait of Hormuz, the chokepoint that carries roughly a fifth of the world's seaborne oil, spent nearly four months effectively shut after the U.S. and Israel struck Iran on Feb. 28. Iran mined the strait, fired on tankers and closed the lane to anyone it considered hostile. The U.S. and Iran signed…
Categories: Oil news
Gulf Producers Race to Load Oil and LNG as Hormuz Stays Open
Saudi Arabia, the United Arab Emirates, and Qatar continue loading oil and LNG onto vessels at their Persian Gulf ports despite the attacks on two commercial vessels near the Strait of Hormuz and the weekend tensions between the U.S. and Iran. The Middle Eastern producers are rushing to load oil and LNG while the Strait of Hormuz is formally open, even if traffic has slowed since Friday, due to the attack on a fully-laden oil supertanker in the Strait of Hormuz, Reuters reported on Monday, quoting ship-tracking data. Iran is also observed…
Categories: Oil news
Gulf Producers Race to Load Oil and LNG as Hormuz Stays Open
Saudi Arabia, the United Arab Emirates, and Qatar continue loading oil and LNG onto vessels at their Persian Gulf ports despite the attacks on two commercial vessels near the Strait of Hormuz and the weekend tensions between the U.S. and Iran. The Middle Eastern producers are rushing to load oil and LNG while the Strait of Hormuz is formally open, even if traffic has slowed since Friday, due to the attack on a fully-laden oil supertanker in the Strait of Hormuz, Reuters reported on Monday, quoting ship-tracking data. Iran is also observed…
Categories: Oil news
(VIDEO) Fuerte réplica de sismo sacude la zona central de Venezuela
Una fuerte réplica sísmica se produjo este lunes por la mañana, a las 7:04 horas (local) en la zona central de Venezuela, severamente afectada por el doble terremoto que asoló al país el pasado 24 de junio.
Los corresponsales de RT en el terreno han confirmado la intensidad del movi...
Categories: Venezuelan news
Trump Signals Diplomatic Opening After Days of U.S.-Iran Strikes
After some persistent Sunday reports, including in The Wall Street Journal, said that last week's renewed tit-for-tat fighting between the US and Iran in the Strait of Hormuz had 'stalled' the next round of talks, President Trump stated on Truth Social Monday that a meeting on Iran would be held in Doha on Tuesday. He stipulated that Iran has requested the talks. "Iran has requested a meeting. It will take place tomorrow in Doha," Trump wrote on his social media platform in all caps. NBC notes in the immediate aftermath of the statement, "There…
Categories: Oil news
UE destina 5 millones de euros a Venezuela: Sistema Copernicus ayuda a mapear daños
La Unión Europea (UE) designó 5 millones de euros asistencia humanitaria a las comunidades que resultaron afectadas en Venezuela a consecuencia del potente terremoto doble del pasado 24 de junio, con magnitudes de 7,2 y 7,5.
La información fue anunciada este domingo por Kaja Kallas,...
Categories: Venezuelan news
Maduro y Cilia agradecen ayuda internacional a victimas de dupla sísmica
Debemos prepararnos para la reconstrucción, señalaron desde Nueva York, ciudad en la que permanecen secuestrados desde el 3 de enero, fecha de la invasión estadounidense que generó más de 100 muertes
Agradecimiento «…a la respuesta solidaria e inmediata de pueblos y gob...
Categories: Venezuelan news

