Russia Bombards Kyiv as Zelenskyy Warns of Christmas Strikes | 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 24, 2025, 10:00 AM CST Russia carried out...Continue Reading
BP is closing out the year with a flurry of moves that underline a decisive shift in strategy, marked by major portfolio changes, a leadership transition, and continued momentum in upstream project delivery. The company has agreed to sell a majority stake in its Castrol lubricants business, one of BP’s best-known consumer-facing brands, in a...Continue Reading
Falling Exports and Unsold Cargoes Test Nigeria’s Oil Sector | OilPrice.com Premium Content By Editorial Dept – Dec 24, 2025, 6:00 AM CST Where Are Nigeria’s Oil Exports Going? Nigeria’s crude exports outside of the country have fallen to their lowest reading in a year, averaging 1.2 million b/d this month to date, adversely affected...Continue Reading
Venezuela’s Oil Exports Begin to Feel the Weight of Enforcement | OilPrice.com Premium Content By Editorial Dept – Dec 24, 2025, 6:00 AM CST Politics, Geopolitics & Conflict U.S. actions around Venezuelan oil exports are now affecting actual flows. Chasing a third tanker in less than two weeks has made shippers more cautious and reduced...Continue Reading
By Editorial Dept – Dec 24, 2025, 6:00 AM CST Over the past week, several oil and gas-related engagements involving Syria have surfaced, but none constitute an investment or production deal. Saudi contractor ADES has confirmed discussions around gas-sector service and maintenance work. Syria and Iraq have publicly acknowledged renewed technical talks on reviving the...Continue Reading
Oil Prices Climb Despite Oversupply Fears | OilPrice.com Premium Content By Editorial Dept – Dec 24, 2025, 6:00 AM CST WTI crude futures advanced more than 3% during the final full trading week of 2025, rising to $58.46 after gaining $1.94 since last Friday. The rally stands out during a traditionally muted period between Christmas...Continue Reading
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
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