Trump Announces Oil Deal: India to Buy Venezuelan Crude Instead of Iranian
Trump says India will buy Venezuelan, not Iranian oil, as US controls Venezuela's oil. India's reliance on Russian oil complicates the shift.
Follow oil and gas with Brent and WTI moves, OPEC signals, and supply-demand drivers.
Geopolitical Risk Premium Keeps Oil Prices Elevated Monthly Despite Brent Nearing $68
Oil prices stay high monthly due to geopolitical risks, despite a recent dip, with tensions near the Strait of Hormuz driving the risk premium.
Middle East Tensions and Weak Dollar Drive Brent Oil Above $69
Brent oil tops $69 as Middle East tensions and a weak dollar boost prices; supply risks and geopolitical uncertainty drive gains.
Brent Crude Holds Above $67 Amid Supply Disruptions and Geopolitical Risks
Brent crude stays above $67 as supply disruptions, US storms, and geopolitical risks boost prices; weak dollar also supports oil.
Iraq Boosts Energy Investments to Achieve Self-Sufficiency and Shift Toward Exporting Refined Oil Products
Iraq boosts oil and gas investments to achieve self-sufficiency, increase refining, and shift to exporting higher-value refined products.
Historic Cold Wave Pushes US Natural Gas Prices to Highest Level Since 2022
US natural gas prices hit highest since 2022 after a cold wave disrupts supply, spiking demand and prompting record electricity use.
LNG Boom Redraws the Global Energy Map in 2025–2026
Global LNG supply surges in 2025–2026, led by US, Qatar, and UAE, easing market tightness but volatility risks remain, says IEA report.
IEA: Global Oil Market to Enter 2026 with Significant Supply Surplus
IEA reports a major oil surplus for 2026, with supply outpacing demand, prices falling, and inventories rising amid mixed geopolitical impacts.
Long-Term Gas Agreements from Jummal Field Drive Industrial Transformation in Kurdistan and Secure 142 MMscf/d Supply
Dana Gas & Crescent Petroleum signed 10-year deals to supply 142 MMscf/d gas from Jummal field to Kurdistan industries, boosting clean energy.
Geopolitical Risks Keep Oil Prices in a Narrow Range Amid Limited Market Movements
Oil prices remain steady in a narrow range as geopolitical risks offset supply recovery, keeping markets cautious without major price changes.
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