Oil prices spiked early on Wednesday morning in Asia as President Trump announced a “total and complete blockade of all sanctioned oil tankers going into, and out of, Venezuela.”  At the time of writing, West Texas Intermediate crude futures had climbed 1.25% on the news to trade at $55.96, reflecting heightened market risk premiums amid...Continue Reading

Venezuela’s Falling Crude Supply Won’t Budge Global Oil Market | 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 16, 2025, 7:00 PM CST Venezuelan output is sliding fast after U.S....Continue Reading

Bonterra Energy delivered its strongest Charlie Lake well results to date, announced a $15.7-million bolt-on acquisition in northwest Alberta, and outlined preliminary 2026 guidance targeting up to 16,400 boed as it continues to scale its core Charlie Lake position. SourceContinue Reading

Shell has sanctioned a waterflood project at its Kaikias field in the U.S. Gulf, targeting an estimated 60 MMboe of additional recoverable resources and extending production from the Ursa hub into the next decade. SourceContinue Reading

Large Critical Minerals Deposit Discovered In Utah | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Dec 16, 2025, 6:00 PM CST Ionic Minerals Technology confirmed a large halloysite-hosted ion-adsorption clay deposit containing 16 critical minerals. The list of...Continue Reading

The Railroad Commission of Texas has named longtime regulator Mark Evarts as director of its Oversight and Safety Division, strengthening leadership over pipeline safety and gas market oversight statewide. SourceContinue Reading

New MIT Chip Design Slashes Energy Waste and Boosts AI Speed | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Dec 16, 2025, 5:00 PM CST Global...Continue Reading

Fuel Supply Disruption Prompts Energy Emergency in Northeast | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Dec 16, 2025, 5:00 PM CST A transformer failure at the Marcus Hook propane hub triggered a regional energy emergency. States and federal authorities have suspended trucking-hour limits to...Continue Reading

Huge Crude Draw Offsets Product Builds | 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 16, 2025, 4:23 PM CST The American Petroleum Institute (API) estimated that crude oil inventories in...Continue Reading

Arizona’s Mesquite Solar Hub Expands to Power 150,000 Homes | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Dec 16, 2025, 3:00 PM CST The Mesquite Solar...Continue Reading