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December 30, 2025
US Crude, Product Inventories Rise Again | OilPrice.com Related News By Julian Lowe – Dec 30, 2025, 4:11 PM CST The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 1.7 million barrels in the week ending December 26. Crude oil inventories rose by 2.4 million barrels...
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Big Oil Prepares for Leaner Prices and Harder Choices in 2026 | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Dec 30, 2025, 4:00 PM CST Oil markets are heading into...
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Saipem has secured $600 million in offshore work from Aramco, including pipeline installation and subsea intervention at multiple Saudi fields—further expanding its in-country fabrication footprint and LTA-backed project portfolio. Source
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Venezuela has begun shutting oil wells in the Orinoco Belt as U.S. blockade measures halt crude flows, forcing PDVSA to cut production by an estimated 25% due to storage constraints. Source
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Pakistan-Afghanistan Fued Freezes $3 Billion in Annual Bilateral Trade | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Dec 30, 2025, 2:00 PM CST The border closure,...
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Oil tankers are still making their way to Venezuela despite Washington’s naval blockade, a sign that Caracas is leaning harder on floating storage and debt-linked crude shipments even as its export system begins to clog. At least two tankers arrived in Venezuelan waters in recent days, and others are approaching the coast, according to Reuters...
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Will Saudi Arabia/UAE Tensions Over Yemen Threaten OPEC Status Quo? | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Dec 30, 2025, 11:30 AM CST The latest flare-up between Saudi Arabia and...
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Russia’s pipeline gas exports to Europe collapsed by 44% in 2025, falling to their lowest level since the mid-1970s, according to Reuters calculations. The drop marks the clearest statistical endpoint yet for what was once Moscow’s most lucrative and politically potent energy relationship. The decline was driven primarily by the closure of the Ukrainian transit...
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Investor Hesitation Stalls India’s Offshore Oil Push | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Dec 30, 2025, 10:30 AM CST India has once again kicked the can down the road...
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Bollinger Shipyards has secured a contract to build four U.S. Coast Guard Arctic Security Cutters, advancing U.S. icebreaking capabilities and Arctic operational presence. Source
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