Chevron Jumps 7% and Exxon Mobil 4%, Driving U.S. Stock Futures Amid Venezuela Developments
Chevron rose 7% and Exxon 4% as U.S. stock futures climbed, driven by Venezuela news and gains in energy and tech stocks.
Follow oil and gas with Brent and WTI moves, OPEC signals, and supply-demand drivers.
Egypt and Qatar Strengthen LNG Partnership to Secure Supplies and Diversify Energy Sources
Egypt and Qatar signed an MoU to boost LNG cooperation, secure supplies, and diversify Egypt's energy sources, including new investments and explorati
OPEC+ Maintains Oil Output Levels Through Q1 Despite Venezuelan Unrest and Internal Divergences
OPEC+ will keep oil output steady through March, citing ample supply and weak demand, despite unrest in Venezuela and internal divisions.
Egypt Bets on Deepwater Fields to Boost Gas Output by 1.4 Billion Cubic Feet Daily by 2026
Egypt plans to boost gas output by 1.4 bcf/day by 2026, mainly from offshore deepwater fields, aiming for over 5.1 bcf/day total production.
Oil Prices Start 2026 Higher Amid Anticipation Over OPEC+ Meeting
Oil prices rose in early 2026 on OPEC+ meeting anticipation, tighter US inventories, and heightened geopolitical tensions.
2025: Oil’s Worst Annual Rout Since the Pandemic - The Collapse of ‘Black Gold’
Oil prices fell over 20% in 2025, their worst drop since 2020, due to oversupply, weak demand, and new US energy policies.
Oil Heads for Biggest Annual Loss in Five Years Amid Oversupply Concerns
Oil prices fell 20% in 2025, marking the biggest annual loss since 2020, due to oversupply and weak demand despite geopolitical tensions.
US Heating Oil Rebounds from Six-Month Low as Supply-Demand Balance Tightens Amid Winter Demand
US heating oil futures rebound as winter demand rises, supply tightens, and geopolitical risks boost prices amid colder weather forecasts.
Global LNG Exports in 2025 See Largest Growth in Three Years Driven by U.S. Supply Surge
Global LNG exports to rise 4% in 2025, led by U.S. supply surge, causing lower prices and record shipments; Asia, Europe top importers.
Oil Holds Gains Near $58 Amid Rising Geopolitical Risks
Oil prices hold near $58 on geopolitical tensions, supply concerns, and Middle East unrest, despite being down 20% year-to-date.
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