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Trump, Big Oil and China – Three Articles
05 Jan 2026 01:04 GMT
… in reviving its shattered petroleum industry, two people … OPEC oil exporters cartel. U.S. benchmark oil prices were at $57 a barrel … Venezuelan heavy crude to the Gulf Coast refineries built specifically … dollar, redirects teapot demand to Canadian and Iraqi …
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Oil swings as investors weigh US capture of Venezuela's Maduro
05 Jan 2026 00:58 GMT
… Nicolás Maduro on global crude supply and its wider … others add more barrels as demand softens. On Sunday, OPEC+ stuck with … ’s oil infrastructure including Jose port and Amuay refinery and main … relief take time, and barrels don’t come back overnight …
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OPEC+ pauses oil output hike, weighs Venezuela shock
05 Jan 2026 00:16 GMT
… Organisation of Petroleum Exporting Countries and its allies, OPEC+, have … OPEC+ and non-OPEC producers continues to outpace demand growth … oil reserves, currently produces about 800,000 barrels … reforms aimed at boosting crude output, improving domestic …
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Live: Oil prices rebound after US strikes on Venezuela, ASX flat
05 Jan 2026 01:38 GMT
… AEDT, Brent crude oil gained 0.3% to $US60.90 a barrel, while … Venezuela, an oil-producing nation and a member of OPEC.
OPEC+ said on … $60.75 per barrel, down 0.16%.
On Sunday, OPEC+ held a … t faded, because neither has demand for artificial intelligence, as the …
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Oil declines as investors weigh U.S. capture of Venezuela's Maduro
05 Jan 2026 01:31 GMT
… President Nicolás Maduro on global crude supply and its wider impact … others add more barrels as demand softens.
On Sunday, OPEC+ stuck with plans … Jose port and Amuay refinery and main oil producing areas in the …
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Oil prices swing after Trump's Venezuela raid as investors eye global supply
05 Jan 2026 01:57 GMT
… benchmark West Texas Intermediate crude oil futures fell as much as … global crude. It's been a focus of OPEC+, … at a time of slowing demand growth, according to Goldman.
… a barrel and $58 a barrel, respectively, should Venezuelan crude production fall …
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Opec plus keeps oil output unchanged
05 Jan 2026 02:22 GMT
… Energy and a former Opec official. “And Opec+ is clearly prioritising … raised oil output targets by around 2.9 million barrels per day … in 2025, equal to almost 3pc of world oil demand … boost to crude output for years, even if US oil majors …
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Trump’s Venezuela oil revival plan is a US$100 billion gamble
05 Jan 2026 01:49 GMT
… ’s heavy crude, which is key for refineries on the … think there will be tremendous demand and interest from private … a half a trillion barrels of recoverable oil, rigs have been … ’s tar-like crude into feedstock suitable for refineries, have shuttered. …
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OPEC+ maintains steady oil output amid geopolitical tensions
05 Jan 2026 00:40 GMT
Dubai | London: OPEC+ agreed to maintain steady oil output at its meeting on … OPEC+, which pumps about half the world's oil, comes after oil … Oman-raised oil output targets by around 2.9 million barrels per … to almost 3% of world oil demand.
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The Folly of Trump’s Oil Imperialism
05 Jan 2026 00:17 GMT
… help the country. At an oil refinery in Basra, I sat in … of petroleum. But the A.I. buildout is rapidly increasing the demand … Coast, are configured for heavy crude.
Despite this domestic refining … industry produced about a million barrels a day, roughly a …