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Crude Caught in Crossfire of OPEC+ Discord and Tariff Shocks

Oil news - Thu, 04/24/2025 - 03:00
The U.S. stock markets enjoyed a broad rally on Wednesday, with the S&P 500 jumping nearly 2% a day after U.S. President Donald Trump announced that China tariffs will come down substantially, with another potential boost coming from a Wednesday Reuters report citing unnamed sources as saying talks to lead to significant tariff reductions.  “It will come down substantially, but it won’t be zero,” Trump said on Tuesday, echoing earlier remarks by U.S. Treasury Secretary Scott Bessent. Less than a day later, reports emerged…
Categories: Oil news

China Hits Oil Output Record

Oil news - Thu, 04/24/2025 - 02:00
In January, China’s National Energy Administration said it was eyeing stable oil production of over 200 million tons in 2025. Two months later, oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily, per official data. China is taking “Drill, baby, drill” to heart. It was Bloomberg’s energy columnist Javier Blas who cited the Chinese official oil production data. He also pointed out the rather ironic fact that while U.S. shale producers were hunkering down…
Categories: Oil news

Familiares de detenidos en El Salvador y Venezuela denuncian oferta de intercambio de prisioneros de Bukele

Apporea noticias - Thu, 04/24/2025 - 01:02
Presidente salvadoreño es denunciado como "tiránico" al proponer intercambiar 252 prisioneros con otro régimen autoritario. 23 de abril de 2025.-Las familias de los presos detenidos por los gobiernos autoritarios de El Salvador y Vene...
Categories: Venezuelan news

Shale Slowdown? Halliburton Sounds the Alarm

Oil news - Thu, 04/24/2025 - 01:00
The heightened oil market and macroeconomic uncertainties in recent weeks are baffling not only analysts. Halliburton, the oilfield services giant with the highest exposure to the U.S. fracking market, has just warned investors that its U.S. customers are re-evaluating drilling activity plans for 2025. “Looking forward, many of our customers are in the midst of evaluating their activity scenarios and plans for 2025,” Halliburton’s chairman, president, and CEO, Jeff Miller, said on the first-quarter earnings call this week. Halliburton…
Categories: Oil news

EEUU: Donald Trump critica a Volodymyr Zelensky por negarse a reconocer el control ruso de Crimea

Apporea noticias - Thu, 04/24/2025 - 00:02
23 de abril de 2025.-El presidente Donald Trump criticó duramente al presidente ucraniano, Volodymyr Zelensky, el miércoles por sus comentarios sobre que Ucrania no reconocería el control ruso de Crimea, calificándolos de "muy perjudiciales para las negociaciones de paz con Rusia", informó CNN...
Categories: Venezuelan news

Vision 2030 Fuels Saudi Shift to Natural Gas

Oil news - Thu, 04/24/2025 - 00:00
  Crude burn—the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation—has long been a staple in Saudi Arabia’s energy mix. The kingdom burns significant volumes of oil to meet domestic electricity demand, which hovers around 171 terawatt-hours (TWh). However, analysis from Rystad Energy shows the upcoming Jafurah shale gas field, set to start production in 2025 and the largest of its kind globally, could dramatically shift this dynamic. By tapping into unconventional gas,…
Categories: Oil news

Oil Down Nearly 3% As White House Tariff Talk Rumors Fly

Oil news - Wed, 04/23/2025 - 23:10
Oil prices declined on Wednesday even amid reports that the White House is contemplating significant cuts to tariffs on Chinese imports, a move that could reshape global trade dynamics and influence energy markets.On Wednesday, April 23, at 1:46 p.m. Brent crude was trading down 2.73% at $65.60, while U.S. West Texas Intermediate (WTI) crude dropped 2.0% to $68.37, collapsing to a four-year low after reaching $81 in January.  The Trump administration is reportedly considering reducing tariffs on Chinese imports from the current 145% to between…
Categories: Oil news

Oil Down Nearly 3% As White House Tariff Talk Rumors Fly

Oil news - Wed, 04/23/2025 - 23:10
Oil prices declined on Wednesday even amid reports that the White House is contemplating significant cuts to tariffs on Chinese imports, a move that could reshape global trade dynamics and influence energy markets.On Wednesday, April 23, at 1:46 p.m. Brent crude was trading down 2.73% at $65.60, while U.S. West Texas Intermediate (WTI) crude dropped 2.0% to $68.37, collapsing to a four-year low after reaching $81 in January.  The Trump administration is reportedly considering reducing tariffs on Chinese imports from the current 145% to between…
Categories: Oil news

Armenia Walks Diplomatic Tightrope Between Russia and the West

Oil news - Wed, 04/23/2025 - 23:00
Although Armenia has tried to mend strained relations with Russia in recent weeks as part of a broader effort to get Azerbaijan to sign a peace treaty, Prime Minister Nikol Pashinyan’s government evidently still cannot resist an occasional poke at the Kremlin. The latest Armenian jab was Yerevan’s vote in favor of a UN resolution in early April that condemned Russian aggression against Ukraine, and highlighted Moscow’s general lack of regard for basic individual rights. Armenia along with 108 other member states voted for the…
Categories: Oil news

Wall Street se dispara tras declaraciones de Trump

Apporea noticias - Wed, 04/23/2025 - 22:09
23 de abril de 2025.- La bolsa de Nueva York abrió con fuerte alza el miércoles (23.04.2025), impulsada por la esperanza de una desescalada en el diferendo arancelario entre Washington y Pekín y por declaraciones conciliadoras del presidente Donald Trump sobre la Reserva Federal (Fed, banco central)...
Categories: Venezuelan news

UK Parliament Intervenes to Save British Steel

Oil news - Wed, 04/23/2025 - 22:00
Via Metal Miner The UK Parliament recently passed a law allowing the government to take control of British Steel, a major player in the local steel industry. The move follows Chinese owner Jingye’s plans to shut down two operating blast furnaces at its Scunthorpe site. A Bold Move Towards UK Steel Industry Preservation The House of Commons, Parliament’s lower chamber, was recalled from its Easter break on April 12 to pass a bill that would prevent the plant’s furnaces from ceasing operations. “The move will maximize the…
Categories: Oil news

Efemérides 23 de Abril: Día Mundial del Libro, y del Idioma Español

Apporea noticias - Wed, 04/23/2025 - 21:50
Es 23 de abril de 2025. Han transcurrido 113 días del año y faltan 252 días para su terminación. Hoy es miércoles. Las efemérides se refieren a sucesos, celebraciones o conmemoraciones significativas para un área del conocimiento, la cultura y las artes, la historia o la cien...
Categories: Venezuelan news

China impulsa su sistema de pagos internacionales como alternativa al SWIFT

Apporea noticias - Wed, 04/23/2025 - 21:15
23 de abril de 2025.- China prevé impulsar su Sistema de Pagos Transfronterizos (CIPS, por sus siglas en inglés) como alternativa en al SWIFT en el comercio internacional, además de fortalecer el yuan en medio de la creciente guerra comercial con Estados Unidos. Así queda estipulado en el plan, publ...
Categories: Venezuelan news

Space Tourism: Balancing Innovation with Environmental Concerns

Oil news - Wed, 04/23/2025 - 21:00
Blue Origin’s star-studded space flight caused more backlash than awe, but is all space tourism frivolous? Two writers hash it out in this week’s Debate Yes: A single space flight emits more carbon than 1bn individual will in their lifetime Tourism is not the harmless middle-class pastime we’ve all been brainwashed into believing, thanks to a never-ending diet of slick, over-produced adverts. No. Tourism is an insidious scavenger. While you tramp through some chapel searching for enlightenment and culture, your sweat and breath…
Categories: Oil news

Turquía: 151 personas heridas por saltar de los edificios durante el terremoto de Estambul

Apporea noticias - Wed, 04/23/2025 - 20:44
23 de abril de 2025.- Los hospitales de Estambul están tratando este día a 151 personas heridas tras saltar desde los edificios debido al pánico causado por el terremoto de magnitud 6,2 que ha sacudido a la ciudad. "El terremoto no ha causado víctimas. Unos 151 ciudadanos están en tratamiento en ...
Categories: Venezuelan news

Iran Claims Latest U.S. Sanctions Show ‘Lack of Goodwill’ in Nuclear Talks

Oil news - Wed, 04/23/2025 - 20:30
The latest U.S. sanctions on Iran suggest a “lack of goodwill and seriousness” from the United States in the talks with Iran over its nuclear program, according to the spokesman of the Iranian foreign ministry. After tightening the screws on Iran’s oil trade and oil flows, the Trump Administration is seeking negotiations with Iran over its nuclear program, determined to never allow Iran to obtain a nuclear weapon. The U.S. and Iran started indirect talks via mediators last week, but it isn’t clear where the dialogue…
Categories: Oil news

Miles de fieles comienzan a dar el último adiós al papa Francisco en el Vaticano

Apporea noticias - Wed, 04/23/2025 - 20:16
23 de abril de 2025.- Desde primeras horas, una multitud de feligreses iniciaron, de este miércoles, el ingreso a la Basílica de San Pedro del Vaticano para despedirse del papa Francisco, cuyo féretro quedará expuesto hasta el 26 de abril. Se prevé que a lo largo de los tres días que durará el fu...
Categories: Venezuelan news

U.S. Copper Imports Exceed Expectations Despite Tariff Concerns

Oil news - Wed, 04/23/2025 - 20:00
The ongoing trade war is poised to deliver a negative shock to US growth, prompting the International Monetary Fund to slash its 2025 forecast earlier Tuesday. This gloomier outlook has sharpened our focus on the once high-flying industrial metals market—now showing signs of weakness—particularly the copper market. Goldman analyst Adam Gillard provided clients with a snapshot of current conditions in the copper market, highlighting tight physical supply in China and continued strength in domestic demand. However, Gillard cautioned that…
Categories: Oil news

Presidente palestino insta a Hamas a entregar armas y liberar a rehenes israelíes

Apporea noticias - Wed, 04/23/2025 - 19:57
23 de abril de 2025.- El presidente de la Autoridad Nacional Palestina (ANP), Mahmoud Abbas, instó este miércoles a Hamas a entregar sus armas a su gobierno y liberar a todos los rehenes, y afirmó que su cautiverio proporciona a Israel "excusas" para atacar Gaza, donde los rescatistas recuperaron ca...
Categories: Venezuelan news

Record Wind Energy Installations Not Enough to Meet Renewables Goals

Oil news - Wed, 04/23/2025 - 19:30
The world installed a record-high wind power capacity last year, but this isn’t enough to meet the goal of tripling renewable energy capacity by the end of the decade, the Global Wind Energy Council (GWEC) said in a new report on Wednesday. Globally, a total of 117 gigawatts (GW) of wind energy were installed in 2024—a record year for new capacity, the wind industry body said in its 2025 Global Wind Report. New wind capacity boomed despite policy uncertainty and instability, GWEC said. It also noted “Yet, this momentum is not…
Categories: Oil news

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