OPEC+ is leaning toward resuming oil output increases from April, according to several sources familiar with internal discussions, as the alliance positions itself for stronger seasonal demand and sustained price momentum. The group, which includes members of OPEC and key partners such as Russia, had paused planned production hikes during the first quarter of 2026. […]
Oil prices climbed about 1 percent on Wednesday as renewed tensions in the Middle East outweighed concerns over a sharp increase in US crude inventories, keeping energy markets focused on geopolitical risk. Brent crude futures settled at 69.40 dollars per barrel, up 0.87 percent, while West Texas Intermediate crude rose nearly 1.05 percent to close […]
Oil prices are traditionally seen as one of the clearest indicators of global economic health, but recent market behavior suggests they are offering fewer reliable signals than in the past. Increasing geopolitical tension, opaque stockpiling practices and shifting sanctions regimes are distorting price movements, leaving traders struggling to interpret what the market is truly saying […]
The latest U.S. Dietary Guidelines have placed olive oil and table olives firmly at the center of healthy eating, signalling a meaningful shift in how Americans are encouraged to approach fats and everyday cooking. Issued jointly the United States Department of Agriculture and the Department of Health and Human Services, the recommendations will guide national […]
Residents and businesses in the Azores will see a mixed adjustment in fuel prices as 2026 begins, with diesel becoming more expensive while petrol and butane gas see slight reductions. The changes were confirmed through a decree published in the Official Gazette and reflect the ongoing balancing act between global energy markets, regional costs, and […]
Sanctions and Washington’s Long Campaign For years, the United States has steadily tightened sanctions on Venezuela, aiming to cut off the oil revenues that support the government of Nicolás Maduro. These measures have targeted nearly every aspect of the country’s energy sector, from production and exports to shipping and international financing. The strategy is designed […]
A long delayed project moves back into focus A long contested energy project in California has taken a decisive step forward after receiving federal approval, reopening a debate that has stretched on for years. Sable Offshore has obtained a key federal authorization allowing it to advance plans linked to a coastal oil pipeline system that […]
The United States will keep or potentially sell crude oil seized from tankers off the coast of Venezuela, according to comments President Donald Trump, as Washington continues its campaign of economic and political pressure against the South American nation’s leadership. Speaking to reporters in Florida on Monday, Donald Trump said the oil contained on the […]
Russia’s flagship crude oil has suffered a steep decline in value, highlighting the growing impact of Western sanctions on Moscow’s energy exports. Prices for Urals crude have dropped to around thirty four dollars a barrel, marking one of the deepest discounts seen in recent years. The fall underscores how geopolitical pressure is reshaping global energy […]
Global oil prices are holding steady this week as stalled Ukraine peace negotiations and a cautious supply outlook continue to shape market sentiment. Traders say the combination of geopolitical uncertainty and constrained production expectations has created a balanced but fragile environment in the energy sector. While no major price spikes have emerged, the lack of […]
