The US is set to impose “even stronger sanctions” on Venezuela President Nicolas Maduro’s financial networks, likely further hindering crude oil production and exports as US sanctions on state-owned oil Continue Reading
PDVSA is offering 5.8 million barrels of crude oil and diluted spot crude because of US sanctions, according to sources and PDVSA tenders. Receive daily email alerts, subscriber notes & Continue Reading
The Trump administration imposed sanctions on allies of Venezuelan President Nicolás Maduro and urged regional governments to isolate his regime after a weekend mission to deliver humanitarian aid sparked deadly Continue Reading
Vice President Pence and Venezuelan opposition leader Juan Guaidó greet each other at the Lima Group meeting in Bogota, Colombia. (Luisa Gonzalez/Reuters) February 25 at 8:24 PM After a weekend Continue Reading
Jan crude imports from Iran fall 50% on year to 379,000 b/d US crude imports zero in Jan; Russia remains top supplier Singapore — China’s crude imports from Venezuela surged Continue Reading
China’s leader, Xi Jinping, abruptly summoned hundreds of officials to Beijing recently, forcing some to reschedule long-planned local assemblies. The meeting seemed orchestrated to convey anxious urgency. The Communist Party, Continue Reading
China exported 51,000 mt of gasoline to Nigeria in January, the first such export to the African country, latest data from General Administration showed Tuesday. Receive daily email alerts, subscriber Continue Reading
Evidence for man-made global warming has reached a “gold standard” level of certainty, adding pressure for cuts in greenhouse gases to limit rising temperatures, scientists said on Monday. “Humanity cannot Continue Reading
As the U.S. battles with its OPEC+ rivals over the direction of global oil prices (Trump wants to keep oil prices subdued, while Saudi Arabia and Russia, reeling from years Continue Reading
The electrification of most industrialized societies has taken off in a big way. In the EU and China government support such as regulations and subsidies are pushing automakers towards alternative Continue Reading
