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JP Morgan: Oil Could Hit $130—But We’re Still Calling $60
JP Morgan is sticking to its base-case oil price forecast for 2025, projecting Brent crude will trade in the low-to-mid $60s, despite a sharp escalation in geopolitical tensions involving Iran, the U.S., and potentially Israel. In a note published Thursday, the bank said it sees oil averaging $60 in 2026, but flagged $120–$130 per barrel as a potential range in the event of worst-case outcomes—namely, military conflict and a closure of the Strait of Hormuz, through which one-fifth of global oil flows. Markets are already partially pricing…
Categories: Oil news
(VIDEO) "No es cualquiera el que organizó eso": analista político sobre atentado a Miguel Uribe Turbay
Jueves, , 12 de junio de 2025.- Pedro Medellín, analista político, se refirió al impacto del atentado a Miguel Uribe Turbay desde el punto de vista político y social: "Hay algo grande detrás. No es cualquiera el que organizó eso. El aparato judicial tiene que funcionar como nunca, en particular la ...
Categories: Venezuelan news
Egypt Locks In Landmark LNG Import Deals With Aramco, Shell, and Trafigura
Egypt has finalized a sweeping series of liquefied natural gas (LNG) supply agreements with Saudi Aramco, Shell Plc, Trafigura, and several other major traders, as the country’s struggles to shift back to long-term net exporter, rather than importer amid a deepening domestic supply crunch, according to a Bloomberg report. State-owned Egyptian Natural Gas Holding Co. (EGAS) secured as many as 290 LNG cargoes over the next two and a half years, starting as early as next month. Alongside Aramco, Shell, and Trafigura, volumes will also be sourced…
Categories: Oil news
Egypt Locks In Landmark LNG Import Deals With Aramco, Shell, and Trafigura
Egypt has finalized a sweeping series of liquefied natural gas (LNG) supply agreements with Saudi Aramco, Shell Plc, Trafigura, and several other major traders, as the country’s struggles to shift back to long-term net exporter, rather than importer amid a deepening domestic supply crunch, according to a Bloomberg report. State-owned Egyptian Natural Gas Holding Co. (EGAS) secured as many as 290 LNG cargoes over the next two and a half years, starting as early as next month. Alongside Aramco, Shell, and Trafigura, volumes will also be sourced…
Categories: Oil news
Egypt Locks In Landmark LNG Import Deals With Aramco, Shell, and Trafigura
Egypt has finalized a sweeping series of liquefied natural gas (LNG) supply agreements with Saudi Aramco, Shell Plc, Trafigura, and several other major traders, as the country’s struggles to shift back to long-term net exporter, rather than importer amid a deepening domestic supply crunch, according to a Bloomberg report. State-owned Egyptian Natural Gas Holding Co. (EGAS) secured as many as 290 LNG cargoes over the next two and a half years, starting as early as next month. Alongside Aramco, Shell, and Trafigura, volumes will also be sourced…
Categories: Oil news
Nuevos médicos de la misión médica cubana se unen al Sistema de Salud venezolano
Este miércoles llegó al país un grupo de nuevos colaboradores médicos de Cuba que se unen al ejército de batas blancas venezolanas, comprometidos con la atención y el bienestar del pueblo.
Este evento contó con la presencia de destacadas personalidades del ámbito médico y social, in...
Categories: Venezuelan news
Reservas petroleras de Estados Unidos bajan más de lo esperado: disminuyeron en 3,6 millones de barriles
Las exportaciones de petróleo estadounidense disminuyeron en un 15,89%, a 3,3 millones de barriles diarios, al igual que las importaciones, las cuales se redujeron en un 2,68%, a 6,2 millones de barriles diarios.
Las reservas comerciales de petróleo en Estados Unidos registraron una...
Categories: Venezuelan news
Por Palestina y en apoyo a la marcha internacional a Gaza, protestarán el viernes 13 ante la Embajada de Francia en Caracas
Un piquete de protesta y en solidaridad con el pueblo palestino de Gaza víctima de genocidio, está siendo convocado ante la embajada de Francia en Caracas para el día viernes 13 de junio en horas de la mañana (10:00 am).
Será frente a esa embajada porque en Venezuela no hay represen...
Categories: Venezuelan news
Venezuela recibe a 152 conciudadanos deportados desde Estados Unidos
Gran Misión Vuelta a la Patria152 migrantes venezolanos deportados desde Estados UnidosEl aterrizó en el de Maiquetía, en el norte de la ciudad de Caracas.
Del total de migrantes, llegaron 138 hombres y 14 mujeres; con este grupo, Venezuela superó la cifra de 5.600 migrantes retorna...
Categories: Venezuelan news
Oklo Stock Surges After Defense Department Contract Award
Oklo is starting to develop a real knack for catching short sellers offsides... In what is one of what we believe will be many similar announcements, Oklo shares surged 29% on Wednesday after the company was named the intended awardee for a Department of Defense project to deliver clean energy to Eielson Air Force Base in Alaska. The Defense Logistics Agency Energy issued a Notice of Intent to Award (NOITA), designating Oklo as the preferred provider following a competitive evaluation process. Under the proposed agreement, Oklo will design, build,…
Categories: Oil news
(VIDEO) Irán se acerca a la guerra
Jueves, 12 de junio de 2025.- La tensión entre Estados Unidos e Irán vuelve a escalar peligrosamente.
Donald Trump reconoce que cada vez ve más difícil alcanzar un acuerdo nuclear con Teherán, mientras Irán amenaza con atacar todas las bases militares americanas desplegadas en Oriente Próximo.
...
Categories: Venezuelan news
UK Pays Record Sums to Wind Power Generators to Switch Off
The UK’s grid operator has seen its balancing costs jump as more wind farms in Scotland are being paid not to produce electricity to not overburden the constrained network in the region. When wind generation is high in constrained regions of the network, such as Scotland, the National Energy System Operator (NESO) must take actions to turn down wind output and turn on replacement energy in unconstrained regions to keep the system balanced. Grids must have a constant balance between electricity supply and demand to avoid blackouts. NESO’s…
Categories: Oil news
UK Pays Record Sums to Wind Power Generators to Switch Off
The UK’s grid operator has seen its balancing costs jump as more wind farms in Scotland are being paid not to produce electricity to not overburden the constrained network in the region. When wind generation is high in constrained regions of the network, such as Scotland, the National Energy System Operator (NESO) must take actions to turn down wind output and turn on replacement energy in unconstrained regions to keep the system balanced. Grids must have a constant balance between electricity supply and demand to avoid blackouts. NESO’s…
Categories: Oil news
UK Pays Record Sums to Wind Power Generators to Switch Off
The UK’s grid operator has seen its balancing costs jump as more wind farms in Scotland are being paid not to produce electricity to not overburden the constrained network in the region. When wind generation is high in constrained regions of the network, such as Scotland, the National Energy System Operator (NESO) must take actions to turn down wind output and turn on replacement energy in unconstrained regions to keep the system balanced. Grids must have a constant balance between electricity supply and demand to avoid blackouts. NESO’s…
Categories: Oil news
Incautan otro arsenal de armas en el oriente del país proveniente de Trinidad y Tobago
Como parte de la investigación que adelanta el Gobierno nacional contra los planes de la ultraderecha para la desestabilización del país, se logró la incautación de otro lote de armas en el oriente del país, proveniente de Trinidad y Tobago, informó el vicepresidente Sectorial de Política, Seg...
Categories: Venezuelan news
Iran Declared in Breach of Nuclear Non-Proliferation Obligations
The United Nations’ nuclear watchdog on Thursday declared Iran in breach of its nuclear non-proliferation obligations, just as tensions in the Middle East escalate and Oman prepares to host the next round of indirect U.S.-Iran nuclear talks. The 35-nation Board of Governors of the International Atomic Energy Agency (IAEA) passed a resolution slamming Iran’s non-compliance with its obligations. The resolution was proposed by the U.S., the UK, France, and Germany. At the closed-door vote, 19 of the 25 countries voted in favor of the resolution,…
Categories: Oil news
Venezuela exportará fibra óptica
Venezuela será el segundo país latinoamericano en exportar fibra óptica, una vez instalada la fábrica en las instalaciones de la Almacenadora Catia La Mar, en el estado La Guaira, indicó el gobernador José Alejandro Terán durante un recorrido de inspección de las obras de construcción.
Categories: Venezuelan news
Diosdado Cabello tilda de “ridículos” a la Unión Europea por incluir a Venezuela en lista de alto riesgo
Diosdado Cabello, expresó este miércoles su rechazo a la decisión de la Unión Europea de incluir a Venezuela en su lista de países de “alto riesgo” en materia de lavado de dinero. Lo hizo durante la emisión 530 de su programa Con el Mazo Dando.
Cabello denunció que Estad...
Categories: Venezuelan news
Alberta Plots New Oil Sands Pipeline to B.C. in Bid to Bypass U.S.
Alberta is working to engage private backers for a new pipeline to ship about 1 million barrels per day (bpd) of crude from Canada’s oil-producing province to British Columbia on the West Coast, Alberta Premier Danielle Smith has said. The pipeline would run from the oil sands in Alberta to the Port of Prince Rupert on British Columbia’s northwest coast, and to international markets afterwards, according to the plans of the province. Amid soured relations with its top trading partner under U.S. President Donald Trump, Canadian policymakers…
Categories: Oil news
Alberta Plots New Oil Sands Pipeline to B.C. in Bid to Bypass U.S.
Alberta is working to engage private backers for a new pipeline to ship about 1 million barrels per day (bpd) of crude from Canada’s oil-producing province to British Columbia on the West Coast, Alberta Premier Danielle Smith has said. The pipeline would run from the oil sands in Alberta to the Port of Prince Rupert on British Columbia’s northwest coast, and to international markets afterwards, according to the plans of the province. Amid soured relations with its top trading partner under U.S. President Donald Trump, Canadian policymakers…
Categories: Oil news