Oil Markets Steady as Venezuela Developments Add Mild Upside to Prices
Global oil markets are entering 2026 with cautious optimism as geopolitical developments around Venezuela add modest upward pressure, while ample
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energy market stability
Saudi-Russia Relations Strengthened as King Salman Receives Message from President Putin
Riyadh – Saudi Arabia and Russia continue to reinforce their longstanding diplomatic and strategic ties, highlighted by King Salman receiving
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US Strengthens Maritime Oversight as Coast Guard Pursues Sanctioned Oil Tanker
Washington – The United States has continued to reinforce its commitment to maritime security and sanctions enforcement by pursuing an
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OPEC+ expected to approve modest oil output hike as markets stabilize
Producers’ alliance prepares for a carefully balanced production increase amid signs of market recovery and renewed optimism in global energy
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OPEC+ Charts Steady Course with Modest Oil Output Increase to Stabilize Global Energy Markets
OPEC+ announces a balanced 137,000 barrels-per-day increase in oil production from November, reflecting strategic planning to maintain market stability while
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G7 Backs Israel, Labels Iran as Middle East Destabilizer Amid Escalating Conflict
Toronto — The Group of Seven (G7) nations voiced strong support for Israel while squarely blaming Iran for regional instability.
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