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A service for global professionals · Thursday, February 12, 2026 · 891,834,662 Articles · 3+ Million Readers
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  • Published on January 11, 2026 - 07:29 GMT

    Venezuela's Oil Return: Global Surplus Ahead?

    (MENAFN- News) The global oil market operates on a delicate balance of supply and demand. Geopolitical shifts often disrupt this equilibrium. Consider a hypothetical scenario: a sudden change in leadership in Venezuela, such as a 'hit' on Nicolas …

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  • Published on January 8, 2026 - 12:59 GMT

    Washington reaches oil agreement with Venezuela

    (MENAFN) Washington’s newly announced agreement with Venezuela’s state-owned oil company PDVSA envisions exports of up to 50 million barrels of crude. Yet, according to reports citing the Organization of Petroleum Exporting Countries (OPEC), Venezuela’s …

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  • Published on January 8, 2026 - 12:51 GMT

    Washington, PDVSA agree on oil exports amid production constraints

    (MENAFN) The United States announced Wednesday an agreement with Venezuela’s state-owned oil company PDVSA for up to 50 million barrels of crude exports. However, Venezuela’s production capacity remains below 1 million barrels per day, according to OPEC …

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  • Published on January 7, 2026 - 03:13 GMT

    OPEC+ Opts to Prolong Suspension of Oil Production

    (MENAFN) The Organization of the Petroleum Exporting Countries (OPEC) and its partner nations, collectively known as OPEC+, have opted to extend their suspension of oil production hikes throughout February and March, citing seasonal demand patterns, OPEC …

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  • Published on December 23, 2025 - 07:11 GMT

    US pressure threatens Venezuela’s oil exports, production

    (MENAFN) Venezuela, once seen as the undisputed giant of the global oil industry, is now under mounting pressure from the United States that could further disrupt exports, slow already-limited production growth, and deepen the economic troubles of the OPEC …

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  • Published on December 2, 2025 - 10:21 GMT

    OPEC+ Set to Pause Oil Production Increases Through Q1 2026

    (MENAFN) The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, have elected to suspend oil production increases throughout January, February, and March 2026 due to seasonal factors, OPEC announced in a …

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