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Oil prices ease as markets weigh Venezuela uncertainty, ample supply

- US president says Venezuela agreed to transfer 30 million to 50 million barrels of oil to the US, a move experts say adds to global oversupply concerns

10:19 Oil

Oil prices ease on prospects of Venezuelan crude returning

- US engagement with oil firms fuels supply expectations, capping geopolitical risk premium

06.01.2026 Oil

Oil prices little changed as markets weigh US move in Venezuela

- Prices open lower in Asian trading and slipped again after a brief rebound, with gains capped by an abundance of supply, despite heightened geopolitical tensions

05.01.2026 Oil

Oil prices notch weekly gains on Russia-Ukraine, Middle East risks

- Russia-Ukraine peace talks, Middle East tensions and Fed easing hopes support prices despite oversupply concerns

02.01.2026 Oil

Oil prices steady on first trading day of 2026 amid OPEC+ policy expectations

- Markets focus on upcoming OPEC+ meeting, while geopolitical risks offer limited support

02.01.2026 Oil

Oil prices edge lower at end of 2025 on strong dollar and oversupply concerns

- Markets are focused on online OPEC+ meeting on Jan. 4, where producers are expected to assess market conditions and discuss production policy for 1st half of 2026

31.12.2025 Oil

Oversupply risks may drag Brent to $55 in early 2026, analyst says

- Analysts warn that growing supply and softer demand could extend Brent’s 2025 losses into early 2026

30.12.2025 Oil

Oil prices edge up amid doubts over Russia-Ukraine peace negotiations

- Rising uncertainty over negotiations have heightened supply concerns tied to Russia-Ukraine conflict, lending additional support to oil prices

30.12.2025 Oil

Oil prices rise on Ukraine talks, Middle East supply concerns

- Brent crude climbs above $60 per barrel as geopolitical tensions fuel disruption fears, while longer-term supply outlook caps gains

29.12.2025 Oil

Oil steadies on holiday trading

- Thin liquidity caps moves in oil prices, even as US-Venezuela tensions and security risks in Nigeria lend support

26.12.2025 Oil

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Oil holds near flat on US-Venezuela tensions, Fed cut bets

- Expectations of more accommodative Fed policy support oil prices, though concerns over rising political pressure on Bank add uncertainty and limit gains

24.12.2025 Oil

Oil holds steady on Fed cut bets as demand weakness caps gains

- US-Venezuela tensions over oil tanker movements heighten supply risks, lending support to prices, though soft demand, surplus concerns and thin holiday trading limit upside

23.12.2025 General

Oil prices rise on US monitoring of tanker near Venezuela, geopolitical tensions

- Tracking of another tanker near Venezuela by US and lingering uncertainty over Russia-Ukraine war heightened supply concerns

22.12.2025 Oil

Oil heads for weekly loss amid peace hopes and weak demand

- Crude posts weekly losses as Russia-Ukraine peace hopes, weak US demand and easing Venezuela risks weigh on prices

20.12.2025 Oil

Oil prices fall on rising Russia-Ukraine peace hopes, Mexico's Venezuela stance

- Expectations of accelerated Russia-Ukraine diplomacy and Mexico's opposition to external intervention in Venezuela weigh on oil prices

19.12.2025 Oil

Oil edges lower as profit-taking and demand concerns outweigh geopolitical tensions

- For now, geopolitical uncertainty is failing to translate into sustained price support in oil markets

18.12.2025 Oil

Oil prices rise after Trump orders blockade on sanctioned Venezuelan tankers

- US says vessels are used to transport sanctioned oil from Venezuela and Iran in an 'illicit oil shipping network supporting foreign terrorist organizations'

17.12.2025 Oil

Russia-Ukraine peace hopes weigh on oil price

- Oil prices ease on peace hopes between Russia and Ukraine, while US-Venezuela tensions cap losses

16.12.2025 Oil

Oil prices rise on US-Venezuela tensions, supply disruption fears

- Investors are closely watching developments, while reports that US plans to stop additional ships carrying Venezuelan oil have fueled expectations of supply disruptions, pushing prices higher

15.12.2025 Oil

Oil heads for weekly loss as demand worries outweigh geopolitical risks

- Markets face weekly losses as concerns over global demand and US Fed's policy outlook overshadowed geopolitical tensions involving Russia and Venezuela

12.12.2025 Oil

Akkuyu nuclear power plant moves toward first commissioning phase next year

US consul general says energy is key to $100B US-Türkiye trade goal

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Türkiye's natural gas imports up 17.7% in October

Costs double as oil and gas discoveries decline in global markets

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LNG supply surplus in 2026 to pressure global gas prices, experts say

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Türkiye, Iraq begin talks on new oil transport deal

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Oil dives as weak US inflation data dashes hopes for interest rate cuts

US oil rig count up by 2 for week ending Sept. 5

US oil rig count down by 9 for week ending April 11

Oil giants' profits slide 15.1% to $182.1 billion in January-September

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Global solar set for record year after 64% growth in first half of 2025

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Hydropower gains new momentum as pumped storage accelerates globally

India launches $77 billion hydropower plan in Brahmaputra river

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Türkiye and World Bank agree on $6B energy financing package

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ADNOC signs 15-year LNG supply deal with Shell for Ruwais project

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

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Turkey's daily power consumption down 0.77% on Oct. 23

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

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EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

Former Lithuanian FM warns Russia's shadow fleet threatens EU security

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