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Crude Oil Prices Recover as US Seizes a Tanker Off the Coast of Venezuela
11 Dec 2025 01:12 GMT
… Wednesday, discouraging refiners from purchasing crude oil and refining it … weaker energy demand.
Geopolitical risks are supporting crude prices. … refineries over the past three months, exacerbating a fuel … and OPEC also ramped up crude output. OPEC said …
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Oil drops as US reports fall in crude stocks
11 Dec 2025 00:44 GMT
… .77.
US crude oil inventories fell by 1.8 million barrels in the … 2.3-million-barrel crude stock draw, while the American Petroleum Institute had … ).
Lower interest rates could lift oil demand by boosting economic growth.
Market …
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CBN FX reforms stabilise economy as oil prices slide
11 Dec 2025 00:41 GMT
… still adjusts to changes in demand, investor sentiment, and import needs … 2024. Average crude oil production rose to 1.64 million barrels per day … costs and dependence on imported fuel continue to limit productivity.
Bismarck …
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EIA: US Crude Inventories Sag As Oil Products Grow
10 Dec 2025 21:29 GMT
…
Crude oil inventories in the United States decreased by 1.8 million barrels … suggested that crude oil inventories fell by 4.8 million barrels.
Crude prices were … .S. oil demand—rose to an average of 20.4 million barrels per day …
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Oil settles higher after US seizes tanker off Venezuela’s coast
10 Dec 2025 23:55 GMT
… .21 a barrel, while US West Texas Intermediate crude futures gained … 58.46 per barrel.
The US seized an oil tanker off … expected, which could help lift oil demand by boosting economic growth.
… country’s crude oil inventories fell by 1.8 million barrels in the …
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Fisherfolk file class suit over MT Princess Empress oil spill
11 Dec 2025 01:07 GMT
… ’ Club, and the International Oil Pollution Compensation Funds (IOPC). … oil spill.”)
The KMAOS said that they sent three demand … repeat of the oil spill.
Rejecting fossil fuel developments in … a transition away from fossil fuels to prevent future disasters. …
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Gas prices continue decline across Tennessee as demand weakens
11 Dec 2025 00:10 GMT
… year thanks to weaker demand and lower crude oil prices.”
National gas trends … 2021. Crude oil prices remain near $60 per barrel, while sluggish demand and the … .95 per barrel. EIA data shows U.S. crude oil inventories increased by …
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U.S. seizes oil tanker off the coast of Venezuela, escalating tensions with Maduro
11 Dec 2025 00:54 GMT
… warrant was executed for the crude oil tanker that was once … used to transport sanctioned oil from both Venezuela and … part of an illicit oil shipping network for supporting foreign … largely Asian markets will demand for Venezuelan crude, given the risk …
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EIA Forecast: Brent Crude to Slide to $55 in 2026
10 Dec 2025 23:47 GMT
… crude oil price will fall to an average of $55 per barrel … assesses that both the OPEC+ production policy and China … coordinated production decisions by OPEC+ and inventory accumulation by … including data centers, with demand concentrated in regions managed by …
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OGDCL discovers oil and gas in KP
10 Dec 2025 22:34 GMT
… 2,280 Barrels per Day (BPD) of oil and 5. … its joint venture partners Pakistan Petroleum Limited (PPL) with 30% … mitigating Pakistan’s energy supply-demand gap through indigenous resources, … country.
Commenting on the significant oil and gas discovery, MD…