U.S. ports are receiving Venezuelan crude despite a partial maritime blockade, with several Chevron-chartered tankers successfully unloading cargo and more en route. The activity highlights Chevron’s continued ability to move oil under its U.S. license as geopolitical tensions escalate and foreign vessels remain stalled offshore. SourceContinue Reading
Chevron Unloads Venezuelan Crude at U.S. Ports as Enforcement Tightens | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 29, 2025, 2:30 PM CST Chevron has unloaded Venezuelan crude oil at U.S. ports under its existing Treasury licence, according to a Bloomberg report on Monday,...Continue Reading
West Texas Intermediate (WTI) crude oil prices were up 2.5% in Monday trading at 2:42 p.m. ET, reaching $58.17, as tensions flared in Yemen and hopes for a peace deal on the Russia-Ukraine front dissipated following unsuccessful talks between Kyiv and Washington. In Yemen, the Saudi-led coalition has vowed to retaliate against any military moves...Continue Reading
Iran’s Central Bank Head Resigns Amid Currency Crash, Energy Crisis | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Related News By Alex Kimani – Dec 29, 2025, 1:00 PM CST Iran’s Central Bank governor Mohammad Reza Farzin stepped down on Monday after protests erupted...Continue Reading
How AI Rewired the Automotive World in 2025 | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Dec 29, 2025, 1:00 PM CST The UK exceeded its...Continue Reading
Wind Power’s Lost Year May Be Setting Up a Reset in 2026 | 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 29, 2025, 12:00 PM CST 2025 was a difficult year for clean energy, with major U.S. tax...Continue Reading
Kazakhstan Crude Production Dips 6% After Black Sea Drone Attack | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 29, 2025, 11:30 AM CST Following the Ukrainian drone attack that damaged a key export terminal on Russia’s Black Sea at end-November, Kazakhstan’s crude and condensate...Continue Reading
With a two-month “quarantine” placed on Venezuelan oil by the Trump administration in a foreign policy move called “gunboat diplomacy,” new data estimate that roughly $900 million worth of crude is currently loaded on tankers, unable to depart Venezuela due to the U.S. blockade. “Based on our visual analysis from both shore and space, we...Continue Reading
Frontera Energy has signed a $120 million prepayment and commercial agreement with Chevron, supporting Colombian crude deliveries and bolstering liquidity as it replaces an expiring deal. SourceContinue Reading
Woodside and Türkiye’s BOTAŞ have finalized a long-term LNG sale and purchase agreement for 5.8 Bcm of gas, equal to 0.5 MMtpa over nine years starting in 2030. SourceContinue Reading
