US has officially started selling Venezuelan oil
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Oil prices drop
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Simultaneous geopolitical flare‑ups in Venezuela, Iran and the Black Sea have pushed oil prices to a three‑month high, creating a treacherous environment for investors even as a large supply glut still looms over the market.
Mexico, which was providing some oil to Cuba before Maduro's capture by the U.S., has become an especially key fuel supplier to the island since the Venezuelan leader's arrest, which was accompanied by the U.S. interception of vessels carrying oil to Cuba. Sheinbaum has referred to oil as "humanitarian aid."
An abrupt surge in oil prices could cause inflation to rise and spark volatility in markets. Brent on Tuesday jumped to the highest level since November.
Indian Oil Corp bought its first Ecuadorean Oriente crude cargo for end-March delivery via a tender, two trade sources said, as the country's top refiner expands its oil sourcing to partly replace some Russian oil.
For more than half a century, oil analysis laboratories have been the backbone of industrial reliability programs. From mining and power generation to transportation, these labs have helped maintenance teams prevent failures,
January Nat Gas seasonal softness is showing up right on cue, thanks to those stuffed late-fall storage levels acting as a price cushion during peak winter demand. Charts + fundamentals lining up perfectly.
Of all the plant-based oils, olive oil has among the highest concentrations of monounsaturated fats and polyphenols. These compounds, particularly one called oleic acid, work to balance cholesterol levels, lower blood pressure and keep the heart healthier over time.