The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million barrels for the week ending April 4, after a 6.037 million barrel spike in the prior week. So far this year, crude oil inventories have climbed nearly 22 million barrels, according to Oilprice calculations of API data. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.3 million barrels again to 396.7 million barrels in the week ending April 4.…

08 de abril de 2025. Este lunes 07 de abril, en la Plaza de la Juventud en Caracas, diversas vocerías de organizaciones de izquierda se concentraron en un acto de solidaridad con el pueblo panameño. La manifestación tuvo como objetivo rechazar las recientes declaraciones del expreside...

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) returned to the downside. Overall, the index witnessed a modest 0.75% decline from March to April. Steel Prices Find Peaks as Reciprocal Tariffs Spare Steel Steel prices either found a peak or began to stabilize by the start of April. As of April 4, hot rolled coil prices fell from their peak to $920/st. Meanwhile, CRC prices and HDG prices started to move sideways, trending only slightly higher from where they stood recent weeks, and steel plate prices dropped from their peak. Despite leveling…

8 de abril de 2025.- El secretario general de la ONU, Antonio Guterres, afirmó que la franja de Gaza se ha convertido en un "campo de la muerte" y culpó a Israel de bloquear la ayuda y de incumplir sus "obligaciones" de garantizar la cobertura de las necesidades de los residentes. "Ha pasado más ...

Economic analysts in Central Asia and the Caucasus widely believe that the immediate impact of the US tariff policy on their respective countries’ exports will be limited. Even so, some worry about potential, unforeseen consequences arising out of a global trade war. The Trump administration’s announcement of global tariffs on imports comes at a time when Central Asian states are coming together in an attempt to boost regional trade. The tariff announcement calls into question recent US expressions of interest in expanding trade and…

8 de abril de 2025.- Los aranceles adicionales del 50 % para China prometidos la jornada anterior por el presidente de EE.UU., Donald Trump, han sido introducidos este martes, informa Fox News. Ahora, el monto total asciende al 104 %. El 7 de abril, el mandatario anunció que aplicaría la medida s...

8 de abril de 2025.- El funcionario indicó que entre los fallecidos se confirmó a la gobernadora de Monte Cristi, Nelsy Cruz, hermana del pelotero Nelson Cruz. Además precisó que se han realizado hasta el momento 134 traslados, que equivalen a 160 pacientes que fueron llevados a los diferentes centr...

Oil’s recent nosedive—thanks to tariffs, OPEC+ surprises, and good old-fashioned recession fears—has put a chill over Alberta’s energy sector. But if you were expecting panic from Canadian oil CEOs, think again. The tone out of Toronto today is clear: don’t flinch. InPlay Oil’s Doug Bartole isn’t pulling rigs or cutting spending just yet, despite the price rout. “Let’s take a longer view,” he told Reuters this week. Translation: don’t panic, at least not at $60. The CEO said, however,…

US President Donald Trump said the United States will hold high-level "direct" talks with Iran at a "very big meeting" this week while warning Tehran it would be in “great danger” if the talks on its nuclear program don’t succeed. Iran's foreign minister confirmed that a meeting was set to take place on April 12, but the talks would be "indirect." "Iran and the United States will meet in Oman on Saturday for indirect high-level talks," Iranian Foreign Minister Abbas Araghchi said on X on April 7 shortly after Trump commented on…

8 de abril de 2025.- Las postulaciones a los cargos de diputadas y diputados a la Asamblea Nacional, legisladora o legislador de los consejos legislativos de los estados y gobernadora o gobernador de estado comenzaron el día de ayer y culminarán el próximo 11 de abril. Tomando en consideración el...

Despite a wave of electric vehicle factories popping up across the U.S. in recent years—fueled by tax credits from the Inflation Reduction Act and promises of jobs in mostly Republican areas—many of these projects are now being scrapped, according to a new article by the Washington Post. Even before former President Trump’s new tariffs, the clean energy shift was already losing momentum. In just the first quarter of 2025, more EV-related projects were canceled than in the previous two years combined, according to Atlas Public…

8 de abril de 2025.- La empresa petrolera e italiana, Eni anunció que seguirá la producción de gas de uso doméstico en Venezuela, mientras continúa las conversaciones con la administración de Donald Trump para efectuar una solución tras las recientes medidas del gobierno estadounidense contra las em...

In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week.  We will then look at some of the key market movers early this week before providing you with the latest analysis of the top news events taking place in the global energy complex over the past few days. We hope you enjoy. US-China Tariff Wars Trigger Largest Brent Sell-off Ever - Crude markets have experienced an unprecedented rout of investors as ICE Brent futures posted the highest ever daily traded volume…

Tensions between the world’s two largest economies have increased overnight as Beijing vowed to “fight to the end”, in response to a new wave of US tariffs. The statement followed a dramatic escalation by president Donald Trump, who threatened an additional 50 per cent tariff on Chinese goods, unless Beijing reverses its newly announced 34 per cent reciprocal levy – retaliation for Trump’s earlier 34 per cent tariff hike on Chinese imports. The new US tariffs are set to take effect Wednesday. China’s commerce…

El Gobierno de Venezuela alertó sobre la existencia de un plan de "falsa bandera" que tendría como objetivo instalaciones de Exxon Mobil en la zona marítima por delimitar del territorio del Esequibo, actualmente en disputa con Guyana, en el cual estarían involucrados diversos sectore...

La concreción de acuerdos entre las Zonas Económicas Especiales (ZEE) de Venezuela y empresas chinas podrían significar un mecanismo para contrarrestar el efecto que los aranceles aplicados reciente por Estados Unidos las exportaciones venezolanas, tendrían en la economía del país, indican des...

The European Union should pledge to buy $350 billion worth of energy from the United States if it wants the U.S. tariffs on the EU eased, U.S. President Donald Trump has said. “We have a deficit with the European Union of $350 billion and it's going to disappear fast,” Trump said, as quoted by POLITICO. “One of the ways that that can disappear easily and quickly is they're going to have to buy our energy from us ... they can buy it, we can knock off $350 billion in one week. They have to buy and commit to buy a like amount of…

U.S. refiner Phillips 66 told shareholders on Tuesday that Elliott Investment Management’s demands for breaking up the company are misguided, based on inflated and unrealistic assumptions, and would destroy shareholder value. Activist hedge fund Elliott Investment Management has called on Phillips 66 to spin off its midstream business and tighten up operations. Elliott, which has an investment worth more than $2.5 billion in Phillips 66, last week made the case to the refiner’s shareholders that “Phillips investors' patience has…

U.S. refiner Phillips 66 told shareholders on Tuesday that Elliott Investment Management’s demands for breaking up the company are misguided, based on inflated and unrealistic assumptions, and would destroy shareholder value. Activist hedge fund Elliott Investment Management has called on Phillips 66 to spin off its midstream business and tighten up operations. Elliott, which has an investment worth more than $2.5 billion in Phillips 66, last week made the case to the refiner’s shareholders that “Phillips investors' patience has…

U.S. refiner Phillips 66 told shareholders on Tuesday that Elliott Investment Management’s demands for breaking up the company are misguided, based on inflated and unrealistic assumptions, and would destroy shareholder value. Activist hedge fund Elliott Investment Management has called on Phillips 66 to spin off its midstream business and tighten up operations. Elliott, which has an investment worth more than $2.5 billion in Phillips 66, last week made the case to the refiner’s shareholders that “Phillips investors' patience has…