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Oil glut could deepen
26 Dec 2025 01:39 GMT
… non-OPEC producers remains resilient, while sanctioned barrels continue … slide of Brent crude below $60 per barrel is not … economy. Lower crude prices are easing fuel costs for consumers … Fiscal breakevens for several oil-exporting economies sit well above …
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The Venezuela siege and the fight for petrodollar
25 Dec 2025 23:17 GMT
… barrels of crude. By effectively seizing control of the state-run Petroleos … de Venezuela’s exports through a naval … a bipartisan script Washington has refined for decades. The U. … added the most dangerous "fuel to the fire." …
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Saudi non-oil exports surge 32.3 per cent
26 Dec 2025 00:37 GMT
… ) showed that national non-oil exports, excluding re-exports, increased by 2.4pc … economy by reducing reliance on crude oil revenues.
In its latest report … : “The ratio of non-oil exports (including re-exports) to imports increased to …
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US-Venezuela tensions worsen: Why is oil then so cheap?
25 Dec 2025 21:44 GMT
… continue to expect global oil supply to outweigh demand … fuels flux
Washington has intensified efforts to curb Venezuela’s oil exports … dozen tankers carrying Venezuelan crude have left the country … any confirmed decline in exports.
Holiday lull masks tension …
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Iraq records $6.5B+ in oil export revenue in November
25 Dec 2025 20:56 GMT
… News – Baghdad
Iraq exported 106.59 million barrels of crude oil,
generating revenues of … billion barrels, according to the State Oil
Marketing Organization (SOMO).
Iraq, OPEC’s … second-largest oil producer after Saudi Arabia,
relies on crude exports …
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2026 Would Be A Year Of Lower Oil Prices And Crude Oversupply
25 Dec 2025 13:19 GMT
… barrels. Consumption is rising steadily in Asia, led by petrochemicals, transport fuels … electrification of transport, fuel efficiency standards, and … this risk, key OPEC+ producers have been … Even if crude prices soften, refined product exports can generate …
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Central Petroleum to Expand into Cooper Otway Basins
25 Dec 2025 16:03 GMT
… Otway Basin, to Central Petroleum. ADZ would remain … mature and well-established petroleum province with numerous historic … proximity to oil and gas pipelines and export facilities.
… existing oil pipelines and trucking corridors to established refineries and …
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Mideast Stocks: Most Gulf markets fall on lower oil prices
25 Dec 2025 16:00 GMT
… kept foreign investors away.
Oil, a driver for the … Russia. Lower crude prices and disruptions to oil exports affect the fiscal … balances of oil-dependent … Bank. Elsewhere, shares in oil giant Saudi Aramco were …
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Why Angolan & Nigerian Oil Struggling To Find Buyers?
25 Dec 2025 15:33 GMT
… .
"Approximately 20 million barrels of Nigerian oil for December 2025 … to refine the oil resulting in more focus in exporting crude instead of refined oil.Most … all African nations are buying fuel from Middle East.For example …
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Trump 'Choosing From the War Crimes Menu' With 'Quarantine' on Venezuela Oil Exports
25 Dec 2025 15:25 GMT
… nation's oil—by far its main export—in what one … region, threats to invade Venezuela, oil tanker seizures off the Venezuelan … not seizing Iraq's petroleum resources as spoils of war … have paralyzed Venezuela's oil exports. Ports are clogged with full …