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Sep 2026
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Analysis: How Venezuela’s oil reserves change the game for the US, OPEC and the Strait of Hormuz

The U.S. gains control of 65 billion barrels through 100-year concessions — The agreement opens a new chapter for energy security, prices, OPEC, and geopolitical competition with China

OPEC: Oil demand will grow until 2050 despite the “shift” to green energy

The agency sticks to its estimate that global demand will continue to grow until 2050, reaching 123 million barrels per day, 3 million more than previous forecasts

OPEC oil cartel holds production steady in face of Russia sanctions uncertainty

The price cap was agreed on Friday by G7 nations & Australia to deprive Russia's leader Vladimir Putin of revenue while keeping Russian oil flowing to global markets

Oil dispute prompts call to remove US troops from Saudi Arabia, UAE

"Saudi Arabia and the UAE's drastic cut in oil production despite President Biden's overtures to both countries in recent months is a hostile act against the US"