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Why a Ukraine Peace Deal Remains Elusive Despite U.S. Pressure

Oil news - Fri, 01/02/2026 - 20:00
Since Kyiv and its European backers panned a 28-point US proposal for a deal to end Russia’s invasion of Ukraine, warning that it was skewed in Moscow’s favor, Ukraine and the United States have been trying to hash out a revised blueprint known as the 20-point plan. Following a meeting with Ukrainian President Volodymyr Zelenskyy in Florida on December 28 -- bookended by phone calls with Russian President Vladimir Putin -- US President Donald Trump said that after nearly four years of full-scale war and inconclusive Russia-Ukraine talks…
Categories: Oil news

OPEC+ Set to Keep Oil Production Policy Despite Saudi-UAE Spat

Oil news - Fri, 01/02/2026 - 19:30
Despite the public spat between two of OPEC’s top producers, Saudi Arabia and the United Arab Emirates (UAE), the wider OPEC+ group is expected to confirm at a Sunday meeting that it would hold output steady through the first quarter of 2026, delegates from the alliance told Reuters on Friday.  In recent days, OPEC’s top producer and de facto leader, Saudi Arabia, and the cartel’s large producer and influential member, the UAE, had a very public rift regarding their backing of opposing sides in Yemen.  Saudi forces intercepted…
Categories: Oil news

OPEC+ Set to Keep Oil Production Policy Despite Saudi-UAE Spat

Oil news - Fri, 01/02/2026 - 19:30
Despite the public spat between two of OPEC’s top producers, Saudi Arabia and the United Arab Emirates (UAE), the wider OPEC+ group is expected to confirm at a Sunday meeting that it would hold output steady through the first quarter of 2026, delegates from the alliance told Reuters on Friday.  In recent days, OPEC’s top producer and de facto leader, Saudi Arabia, and the cartel’s large producer and influential member, the UAE, had a very public rift regarding their backing of opposing sides in Yemen.  Saudi forces intercepted…
Categories: Oil news

OPEC+ Set to Keep Oil Production Policy Despite Saudi-UAE Spat

Oil news - Fri, 01/02/2026 - 19:30
Despite the public spat between two of OPEC’s top producers, Saudi Arabia and the United Arab Emirates (UAE), the wider OPEC+ group is expected to confirm at a Sunday meeting that it would hold output steady through the first quarter of 2026, delegates from the alliance told Reuters on Friday.  In recent days, OPEC’s top producer and de facto leader, Saudi Arabia, and the cartel’s large producer and influential member, the UAE, had a very public rift regarding their backing of opposing sides in Yemen.  Saudi forces intercepted…
Categories: Oil news

Maduro: estamos listos para un acuerdo real y serio contra el narcotráfico con EEUU

Apporea noticias - Fri, 01/02/2026 - 19:16
2 de enero de 2026.- El presidente de la República Bolivariana de Venezuela, Nicolás Maduro, afirmó que el Gobierno venezolano está listo para establecer un acuerdo real contra el narcotráfico junto a Estados Unidos. “Hay que empezar a conversar en serio, con datos en la mano, el Gobierno de Estados...
Categories: Venezuelan news

Oil Awaits a Catalyst as Brent Treads Water

Oil news - Fri, 01/02/2026 - 19:00
Another setback in Russia–Ukraine peace talks and persistent tensions around Venezuela failed to jolt oil markets out of their New Year’s lull. 02 January, 2026 Another round of failed Russia-Ukraine peace talks and continued tensions around Venezuela have failed to wake oil prices from their New Year’s slumber, with ICE Brent staying put around the $60 per barrel mark on the first trading day of 2026. Whilst unlikely, the upcoming OPEC+ meeting on Sunday could provide some excitement as Saudi Arabia and the UAE continue to fight…
Categories: Oil news

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