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oil
Latest news related to oil.
Venezuela reshuffles cabinet, secures oil production after earthquake disaster.
Venezuelan Acting President Delcy Rodriguez has just carried out a cabinet reshuffle, appointing a new Foreign Minister, while affirming the oil industry – the lifeblood of the country's economy...
International
Is the US about to impose new sanctions targeting Russian energy?
Four US senators have reached an agreement with President Donald Trump to pass a bill imposing tariffs and sanctions on countries that buy oil and gas from Russia.
2026 World Cup Quarterfinals: France to face Morocco again and Didier Deschamps' gamble of faith.
France faces Morocco in the quarter-finals of the 2026 World Cup with the task of rediscovering their flamboyant style of play amidst doubts about refereeing and the future of coach Didier Deschamps.
Two World Cup 2026 quarter-final pairings revealed: Mbappe faces Morocco, Haaland challenges England.
The 2026 World Cup has identified the first two highly anticipated quarter-final clashes. While defending champions France face surprise package Morocco, Erling Haaland and Norway will take on Thomas Tuchel's England.
Nghe An's economy in the first six months of 2016 set many new development milestones.
Strong industrial growth, a breakthrough in exports reaching $3.15 billion, budget revenue exceeding VND 17,650 billion, and FDI attraction reaching $2.32 billion, ranking third nationwide, are bright spots in the overall picture...
The US temporarily suspends oil sanctions, and Iran opens its doors to nuclear inspectors.
On June 22, the United States announced a temporary lifting of sanctions on Iran's oil industry. This move came after Tehran agreed to allow UN nuclear inspectors...
Just after signing a historic agreement, US-Iran negotiations were unexpectedly postponed at the last minute.
Just hours after US Vice President JD Vance canceled his flight to Switzerland, the planned four-party talks aimed at reaching an agreement to end the conflict in the Middle East were officially postponed...
The US license to ease sanctions on Russian oil has expired.
June 17, 2026 14:21
The US license to ease sanctions on Russian oil has officially expired. This document replaces a similar license issued by the US Treasury Department in mid-April 2026.
OPEC has lowered its forecast for global oil demand growth in 2026 to 970,000 barrels per day.
June 15, 2026 11:32
OPEC has lowered its 2026 oil demand forecast for the second consecutive year due to the impact of the Iran conflict and the blockage of the Strait of Hormuz, although it remains more optimistic than other organizations.
Brazil vs. Morocco at the 2026 World Cup: A new chapter for the Selecao under Carlo Ancelotti.
June 12, 2026 22:00
Coach Carlo Ancelotti officially made his World Cup debut with the Brazilian national team in a dramatic clash against Morocco, promising a high-level showdown between South American identity and...
OPEC+ will increase its production quota by an additional 188,000 barrels of oil per day starting in July 2026.
June 8, 2026 15:00
The OPEC+ group has just agreed to increase oil production for the fourth consecutive month in an effort to restore energy supply, despite geopolitical obstacles in the Strait of Hormuz region.
Singapore strengthens its position as a global oil hub amid supply fluctuations.
June 2, 2026 17:02
Singapore is currently the world's third-largest energy market, with record sales of marine fuel reaching 57 million tonnes, despite pressures from geopolitical crises.
Singapore solidifies its position as Asia's oil hub with record sales of 57 million tonnes.
June 2, 2026 16:01
Despite lacking oil and gas resources, Singapore maintains its position as the world's third-largest energy market thanks to its storage infrastructure and diversified supply strategy.
Ukraine deployed hundreds of UAVs to attack oil networks deep within Russian territory.
June 1, 2026 16:01
Ukraine's large-scale air campaign targeting oil refineries and pumping stations located up to 1,300 km from the border marks a new escalation in the conflict.
The IEA warns that the oil market will enter "red zone" from July 2026.
May 25, 2026 07:01
The International Energy Agency (IEA) forecasts that the global oil market faces a serious shortage risk in the third quarter of 2026 as strategic reserves gradually run out.
OPEC+ plans to increase production quotas by 188,000 barrels per day in July 2026.
May 25, 2026 06:29
The seven core OPEC+ nations are likely to agree on raising their production targets for the fourth consecutive month, despite supply disruptions in the Gulf region.
OPEC+ plans to increase oil production quotas by 188,000 barrels per day starting in July 2026.
May 25, 2026 06:28
Seven OPEC+ member countries are expected to raise their oil production targets for the fourth consecutive month, despite the risk of supply disruptions in the Middle East and the UAE's departure from the group.
Russia is significantly increasing its energy exports, contributing to a cooling global market in 2026.
May 18, 2026 14:59
Exports of LNG, crude oil, and coal from Russia reached record levels in the first half of 2026, offsetting supply shortages from the Middle East and driving down gas prices in Asia.
The Ministry of Interior has requested that the restructuring of public service units be completed in the third quarter.
May 16, 2026 16:37
The Ministry of Interior has requested that ministries, sectors, and localities complete the restructuring of public non-business units by the third quarter of 2026, ensuring streamlined organizational structures and improved operational efficiency.
The IEA forecasts a global oil market deficit of 1.78 million barrels per day in 2026.
May 14, 2026 09:29
The International Energy Agency (IEA) warns that global oil supplies will face a severe shortage in 2026 due to conflicts in the Middle East disrupting production and transportation...
Preparations are underway to merge 7 irrigation companies in Nghe An into a single entity.
May 13, 2026 17:15
Nghe An province is preparing to merge seven state-owned irrigation enterprises into a single entity, aiming to streamline the organizational structure and improve the efficiency of managing and operating the irrigation system.
Iran's strategy for controlling the Strait of Hormuz and its new geopolitical position.
May 12, 2026 10:32
Tehran asserts that the Strait of Hormuz is a tool of pressure equivalent to nuclear weapons, and proposes a new security mechanism as US influence in the Gulf declines.
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