Bringing Venezuela’s output under U.S. control has the potential to disrupt the power balance in the world market.
OPEC's oil output fell in December due to lower supply from Iran and Venezuela, which offset an OPEC+ agreement to raise ...
Four key Opec+ producers have pledged to deepen their compensation cuts in the first half of 2026 as the organization looks ...
The prospect of increased U.S. influence over Venezuela’s oil industry is raising questions about Washington’s potential ...
Oil made headlines for plummeting prices in 2020 due to the impact of COVID-19. Here, we review what happened to oil prices ...
Oil prices are likely to drift lower this year as a wave of supply creates a market surplus, although geopolitical risks tied ...
Control of Venezuela oil is shifting rapidly from boardrooms to governments’, says Nigel Green of deVere Group.
OPEC+ faces a major oil oversupply in 2025, challenging production increases. The coalition has tried to boost oil prices by holding back output. Instead, members are ceding control to non-OPEC ...
Rising oil production in the US, Guyana, and Brazil is challenging OPEC's ability to reverse its output cuts. The EIA forecasts that global oil supply will fall short of demand in the second half of ...
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Opec held supply flat last month as Venezuela output fell, survey shows
Opec’s crude production held steady in December as a slump in Venezuela’s output to the lowest in two years was offset by ...
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