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Mexican Maya crude to face pressure from Venezuelan barrels as Mexico’s exports fall
12 Jan 2026 00:14 GMT
… available for export. Mexico exported 14.8 million barrels of crude in December … fuel oil prices, rather than outright displacement, as refiners and traders test Venezuelan barrels … refiners or redirect exports elsewhere,” said Debnil Chowdhury, head of fuels …
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Feb diesel refiner sales in discount; jet fuel deal emerges on window
12 Jan 2026 00:53 GMT
… offscreen as major northeast Asian refiners started their sales, with cash … and heating fuel slipped to around $1.2 a barrel, a three … U.S. government deals to export crude oil from Venezuela, according to sources …
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Global Upstream Capex Set To Fall Again In 2026 Amid Low Oil Prices
12 Jan 2026 02:05 GMT
… two additional FPSOs by Petrobras in December. EIA has … 47;d. Guyana is increasingly exporting crude to Asian markets.
Meanwhile, … sources of cost-competitive non-OPEC oil supply through 2030. Rystad … 2030s at around 107 million barrels per day (bpd), maintain …
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Geopolitical tensions lift oil prices above $63
12 Jan 2026 01:34 GMT
… following the unrest in the OPEC producer.
The Ayatollah was … over up to 50 million barrels of crude to the US.
Reports … would export oil valued at about $2bn to the US.
Brent crude fell … supplies of heavy crude to US Gulf Coast refineries and potentially curb …
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Trump's bid to reshape oil supply
12 Jan 2026 01:18 GMT
… petroleum industry into a US-led energy system.
Surprisingly, oil … than 17 million barrels of Venezuelan crude reportedly remain … . Disruptions have forced refiners to seek alternatives from … world's largest oil exporter. Internal fissures have deepened …
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Oil prices rise as bloody crackdown on Iran protests suggests Tehran fears a ‘dire security threat to the regime’ with loyalty of forces in doubt
12 Jan 2026 02:42 GMT
… oil prices rose 0.56% to $59.45 a barrel, and Brent crude … oil sector with workers at a large refining and petrochemical … in oil markets. Any disruption—through factional conflict, export curbs … European, Indian and Japanese refiners poised to benefit, while …
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Iran’s Oil Output Faces a New Test After Venezuela
12 Jan 2026 02:05 GMT
… third-largest crude producer and fourth-largest exporter within OPEC.
At … $7 to $8 a barrel below global benchmarks. Much … and transporting the fuel.
Chinese independent refiners known as teapots, … .
Despite higher levels of oil exports in recent years, Iran …
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Beyond Venezuela: How Donald Trump’s oil power play could reshape inflation, interest rates and emerging market returns
12 Jan 2026 01:02 GMT
… Venezuela will disrupt oil supplies to China.
Venezuela crude oil exports % (2023)
ANKITA … its oil in Yuan was seen as a threat to US petro … .
Eventually, refiners in India could benefit from importing heavier Venezuelan barrels, which …
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Mixed fuel price movements seen Tuesday as geopolitical tensions unsettle markets
12 Jan 2026 01:13 GMT
… last week’s global crude trading, retailer Jetti Petroleum Inc. said.
“Concerns … over the potential halting of Iranian oil exports … uncertainty surrounding Venezuelan output pushed oil and refined fuel prices higher on the …
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Fossil fuels are not going away: Why the Boulder climate case is so dangerous
12 Jan 2026 00:06 GMT
Why Fossil Fuels Are So Important
Just like fossil fuel divestment, … court cases to punish fossil fuel (oil, coal, natural gas) …
Especially as we export soaring amounts of oil, coal, and natural … we risk letting Russia, OPEC, and China control global …