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156OPEC Sees Balance in 2026, EIA Sees Inventory Builds: Why Both Narratives Matter
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On the one hand, OPEC is signaling that the...
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202
Venezuela’s Oil Future Hinges on U.S. Tensions and Possible Regime Shift
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed access to heavy crude. 🔲 A U.S.-aligned Venezuela...
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579
OPEC+ Reaffirms Decision to Pause Production Hikes
Story by Andreas Exarheas |RigZone.com| A statement posted on OPEC’s website on Sunday revealed that, in a meeting held that day, Saudi...
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300
From Oil War to ‘Major Non-NATO Ally’: Trump’s Extraordinary Saudi Pivot
🇺🇸 Trump designates Saudi Arabia a “major non-NATO ally,” marking a dramatic turnaround from years of strained relations marked by an oil...
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208
Oil Slides on Peace Deal Pressure
Story from Bloomberg, via RigZone.com |Will Kubzansky, Nicholas Lua| Oil fell on Friday as traders assessed the prospect of a Ukraine-Russia peace...
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401
Wildcatting in the High North: The Geopolitical Implications of East Greenland’s Jameson Land Basin
Drilling Plans: A joint venture between 80 Mile PLC and March GL Company (part of Greenland Energy Corporation) plans to drill two exploration...
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1.6K
OPEC+ 8 Decide to Implement Output Adjustment
Story By Andreas Exarheas | RigZone.com | A statement posted on OPEC’s website on Sunday revealed that Saudi Arabia, Russia, Iraq, the...
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386
U.S. Sanctions Force Lukoil to Divest Global Holdings
By Tsvetana Paraskova for Oilprice.com | Lukoil has agreed to sell its international business to Switzerland-based commodity trader Gunvor, the second-largest Russian oil...
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1.8K
Citgo Auction Battle Heats Up Between Venezuela Creditors
A high-stakes courtroom fight in Delaware has pitted bidders for the parent company of Citgo Petroleum Corporation against creditors eager to recover...
