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A service for energy industry professionals · Saturday, May 17, 2025 · 813,489,960 Articles · 3+ Million Readers
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OPEC Venezuela News Monitoring

  • Published on May 16, 2025

    Venezuela Continues to Successfully Increase Its Oil Production

    Monument with an oil derrick resting on an open hand, Caracas, Venezuela. X/ @ArturoSisoSosa May 16, 2025 Hour: 11:47 am In its latest report, the Organization of the Petroleum Exporting Countries (OPEC) acknowledged that Venezuela has increased its …

    Source: teleSUR - Gov't Propaganda
  • Published on May 15, 2025

    Chevron and European firms lobby for the retention of stakes in Venezuelan oil joint ventures

    Three sources familiar with the situation said that the U.S. oil company Chevron and several European firms are currently in discussions with the Trump Administration to get permission to retain their stakes in joint-ventures with Venezuela's PDVSA. …

    Source: World Energy News - Connecticut - Pending
  • Published on May 15, 2025

    Chevron, European firms lobby to keep stakes in Venezuela oil joint ventures

    (Reuters) -U.S. oil producer Chevron Corp and several European companies are in talks with the Trump administration to obtain authorizations to keep their stakes in joint ventures with Venezuela's state-run PDVSA, three sources close to the matter said …

    Source: Yahoo Finance - Center-left
  • Published on May 15, 2025

    BREAKING: Nigeria averages 1.486mbpd in April 2025 according to OPEC 

    Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd target set by the government. This is according to information in OPEC’s latest Monthly Oil Report for May 2025, published on the website of …

    Source: Nairametrics - Neutral
  • Published on May 14, 2025

    OPEC+ Production Fell in April Despite Pledge to Start Hiking Output

    All the countries in the OPEC+ pact saw their combined crude oil production drop by 106,000 barrels per day (bpd) in April compared to March, despite the pledge of the eight OPEC+ producers who are withholding supply to begin easing their cuts. OPEC+ …

    Source: Oil Price - Neutral
  • Published on May 14, 2025

    Trump’s Middle East tour seals end of Opec

    A few decades ago, a US presidential tour of the Middle East would have confirmed Washington’s commitment to the region. This time, however, is different. The Trump administration’s approach largely revolves around decoupling from the region, and the US …

    Source: Unherd - Center-right
  • Published on May 15, 2025

    Saudi price war looks like unspoken gift to Trump: Bousso

    The decline in American dependence on Saudi petroleum had caused some U.S. politicians to question the alliance, including Trump’s predecessor Joe Biden, who sought to make Saudi Arabia a pariah over the country’s human rights record. | Photo Credit: BRIAN …

    Source: The Hindu - Center-left
  • Published on May 15, 2025

    Global crude oil market backwardation responsible for dropping oil prices and Cedi appreciation – Prince Ellis Antsroe

    The claims that the current dropping of the oil prices at the pump and the declining of the dollar against the Ghana Cedi is predominantly as a result of some extraordinary economic measures put in place by the President John Mahama-led administration are …

    Source: Joy FM - Indeterminate
  • Published on May 14, 2025

    OPEC maintains global oil demand growth forecast for 2025, 2026

    MOSCOW, May 14. /TASS/. Global oil demand is projected to increase by 1.3 mln barrels per day (bpd) in 2025, with the same level of growth expected in 2026, according to the May report released by OPEC. Thus, the forecast for demand growth remains …

    Source: TASS - Gov't Propaganda
  • Published on May 14, 2025

    OPEC+ countries’ output 68,000 bpd below plan in April

    MOSCOW, May 14. /TASS/. OPEC+ countries participating in the agreement on crude output reduction slashed production by 27,000 barrels per day (bpd) in April 2025, with output being 68,000 bpd below the plan considering voluntary cuts and …

    Source: TASS - Gov't Propaganda
  • Published on May 15, 2025

    Oil's Winning Streak Ends As Rising Crude Stockpiles Steal Trump's Thunder

    Meanwhile, OPEC pumps less than promised: File Image/Pixabay Despite advances this week in trade deals that would lessen the impact of Washington's tariffs and U.S. president Donald Trump forging high-profile partnerships in the Middle East, all it …

    Source: Ship & Bunker - Neutral
  • Published on May 13, 2025

    Venezuelan oil, secondary tariffs and lessons for the Nigerian economy

    Many may be wondering, what has Venezuelan oil and “secondary” tariffs imposed on this country by the Trump administration got to do with Nigeria – it has a lot to do with it. I must say nonetheless, that making mistakes may be a useful learning chance – …

    Source: The Cable - Neutral
  • Published on May 13, 2025

    Top 20 themes shaping the oil and gas industry in 2025

    In this report, leading data and analytics company GlobalData identifies the top 20 themes that will impact the oil and gas industry in 2025. For each theme, the company offers a series of predictions, identifies winners, and points you to further reading. …

    Source: Yahoo Finance - Center-left
  • Published on 01:40 GMT

    HSFO cracks jump but spot benchmarks capped

    Cracks for high sulphur fuel oil (HSFO) hit fresh highs in Asia on Friday, though spot benchmarks remained capped. The 380-cst HSFO/Brent crack for June hit a premium of about $3.70 a barrel at the Asia close, the highest on record, LSEG data showed. …

    Source: Hellenic Shipping News - Neutral
  • Published on 01:50 GMT

    Middle East Crude-Benchmarks edge up; log weekly decline

    Middle East crude benchmark spot premiums of Oman, Dubai and Murban nudged up on Friday, while posting losses on weekly basis given ample supply after the OPEC+ decision to hike output from May. Oil prices were little changed on Friday, heading for a …

    Source: Hellenic Shipping News - Neutral
  • Published on May 16, 2025

    Brent Nears $65 on Renewed Trade Optimism

    Oil prices climbed on optimism over eased U.S.-China trade tensions, with ICE Brent nearing $65 per barrel by week’s end as fears of punishing tariffs faded. Donald Trump’s comments on a potential Iran nuclear deal have been the defining bearish moment of …

    Source: Yahoo Finance - Center-left
  • Published on May 16, 2025

    Putin’s New Hermit Kingdom

    Since he returned to office in January, U.S. President Donald Trump’s aggressive outreach to Russia has marked a stark shift in U.S. foreign policy. Ending years of isolation of the Kremlin, the Trump administration has offered numerous concessions to …

    Source: Foreign Affairs - Pending
  • Published on May 16, 2025

    Global oil demand growth is set to slow over the rest of 2025 amid economic headwinds

    The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining …

    Source: Hellenic Shipping News - Neutral
  • Published on May 15, 2025

    Peace And Prosperity Selloff - The Energy Report

    Image Source: Unsplash Oil prices sold off hard overnight along with other commodities like gold and silver as the prospects for peace and prosperity is readjusting global markets. Oil prices fell hard after President Donald Trump said that the US and Iran …

    Source: myMotherLode - Pending

02 days 23:56:25

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