Oil prices stabilized on Wednesday after a run of gains, with markets digesting U.S. economic strength and ongoing supply uncertainty tied to Venezuelan crude exports and the continued war between Russia and Ukraine. At the time of writing, Brent crude was trading just 0.13% higher at $62.46, while West Texas Intermediate had risen 0.17% to...Continue Reading

U.S. Crude Stocks Post Surprise Build as Gasoline and Distillates Rise | 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 23, 2025, 11:57 PM CST The American Petroleum Institute (API) estimated...Continue Reading

California Gas May Soar Past $5 Per Gallon By 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 23, 2025, 6:00 PM CST California gas prices are projected to surge past $5 per gallon by 2026 due...Continue Reading

Iraq Becomes a Battleground for China and Western Oil Giants | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Dec 23, 2025, 5:00 PM CST Iraq has...Continue Reading

Chevron Doubles Down on Venezuela as U.S. Pressure and Production Risks Mount | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Dec 23, 2025, 5:00 PM CST Chevron is maintaining its presence in Venezuela despite sanctions, political risk, and rising U.S.–Venezuela tensions. The company could significantly...Continue Reading

The total number of active drilling rigs for oil and gas in the United States rose by 3 this week, according to new data that Baker Hughes published on Tuesday, bringing the total rig count in the US  to 545 this week, down 44 from this same time last year. The number of active oil...Continue Reading

Libya has launched a 22-block bid round with revised fiscal terms designed to lure global energy investors, but analysts warn that political and infrastructure risks could determine whether the country’s upstream revival gains lasting traction. SourceContinue Reading

The Hidden Risks of Rolling Back Biden’s Fuel Efficiency Standards | 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 23, 2025, 2:00 PM CST The rollback...Continue Reading

As offshore oil and gas activity expands across the Caribbean, investment in shore bases and specialized ports is becoming essential to project execution. From Guyana and Trinidad to Suriname, logistics hubs are increasingly shaping timelines, costs, and operational reliability for deepwater developments. SourceContinue Reading

Record Discounts Accelerate Chinese Teapot Purchases of Russia’s ESPO Crude | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 23, 2025, 12:30 PM CST China’s independent refiners are accelerating purchases of Russia’s Far Eastern ESPO crude blend as Chinese refiners were issued new import quotas...Continue Reading