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Oil prices surge W-o-W over heightened uncertainties
19 Jan 2026 22:39 GMT
… , which raised concerns over potential supply disruptions.
International benchmark Brent crude … provided short-term support to oil prices despite broader economic uncertainty … Venezuelan crude, while also criticizing ExxonMobil’s reluctance to invest.
Analysts …
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Why Is Heating Oil More Expensive Than Gasoline?
19 Jan 2026 01:18 GMT
… from the basic principle of supply and demand: the less there … petrol at the pump.
Output, supply, and seasonal demands
A normal … greater market competition and supply. Maybe Big Oil wasn't seeing … 2022, Exxon made $6.3 million every hour; Big Oil isn…
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U.S. Blockade Shuts Off China, Cuba From Venezuelan Oil
18 Jan 2026 14:38 GMT
… buying as the global oil market anticipates a supply glut.
“Instead of … adds more to the global supply. They were absorbing some of … , near Houston, where big oil companies including Exxon Mobil, Phillips 66 and …
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Big oil's complicated calculus for investing in Venezuela
18 Jan 2026 01:21 GMT
… probably be inclined to keep Exxon out," President Donald Trump … world where oil is cheapest -- not North America. Exxon and Chevron … s vast Nasiriyah oil field and other assets. Exxon is also in … way for an oil company to ensure a plentiful supply of crude …
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The US wants to remake Venezuela’s oil industry. History stands in the way
17 Jan 2026 20:12 GMT
… of the world’s supply
That gap reflects a … the CEOs of oil majors ConocoPhillips and ExxonMobil told Trump that … changes to attract investment. ExxonMobil CEO Darren Woods went as … some control, others — including ExxonMobil and ConocoPhillips — sued. Those …
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‘Massive' untapped oil and gas reserves discovered beneath the Permian. What will it take to tap it?
17 Jan 2026 12:03 GMT
… oil and gas reserves in the Permian Basin - enough to supply … S. into a supply crisis. Domestic oil supplies have exploded … an oil-producing powerhouse. OIL: Trump threatens to freeze Exxon out … than the formations where oil companies traditionally drill. It …
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US tops world oil production but still wants Venezuela's…
17 Jan 2026 11:33 GMT
… investment newsletter. However, U.S. oil producers mostly pump light crude … large slice of the Venezuelan supply, the U.S. could … new fossil fuel supply," it said.
Could Venezuelan oil lower prices … to wait a long time. Exxon CEO Darren Woods told Trump …
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US sells Venezuelan oil at 30% higher prices, completes $500M deal, energy secretary says
17 Jan 2026 07:44 GMT
… has met with leaders from Exxon, Chevron, ConocoPhillips, Halliburton, Valero and … discuss potential investments in Venezuelan oil.
Exxon and ConocoPhillips both left Venezuela … Iran and investors feared potential supply disruptions.
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Why Venezuela can’t pump its oil despite massive reserves — and why Trump’s plan is a non-starter
16 Jan 2026 20:02 GMT
… Office report found Venezuelan oil production had already declined … or seized assets outright. Exxon Mobil Corporation (XOM) and … seven to 10 years.
Oil industry mismanagement, old infrastructure, … 2% to global oil supply.
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Credit: Investopedia
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Nigeria’s oil & gas sector to attract over $30bn investment by 2030 – Experts
16 Jan 2026 19:28 GMT
… who spoke on “Nigeria’s Oil and Gas Sector Performance, … potential crude pressure due to supply growth outpacing demand threaten revenue …
Speaking further, he said: “Oil and gas investment is set … Bonga North development, and ExxonMobil’s $1.5 billion Usan …