Showing 1 - 10 of 59
Oil's geopolitical premium is gone
News, Published on 25/12/2025
» Global oil markets faced multiple black swan events in 2025 -- including the Israel-Iran war and Ukrainian strikes on Russian refiners -- yet they were barely fazed. This calm may be the new normal in an era of energy abundance, even as the world becomes a more dangerous place.
‘Zombie ships’ help keep Venezuelan oil industry alive
Published on 24/12/2025
» A 27-year-old crude tanker that was supposedly scrapped in 2021 is due to reach Venezuela late this week, according to ship-tracking data, in the latest example of how the South American country keeps its embattled oil industry alive.
Global crude oil prices pressured by oversupply
Published on 22/12/2025
» Crude oil prices in the global market declined amid expectations of a supply surplus, with ICE Brent crude between October 1 - December 16, 2025 falling by $4.7 per barrel from the previous quarter to average $63.4 per barrel. The decline followed increased global supply, driven by eight OPEC+ members — Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman — collectively raising production from April–December 2025 by almost 3 million barrels per day, unwinding their voluntary cuts to defend market share. Additional supply growth from non-OPEC+ producers such as the United States, Brazil, Canada and Guyana further contributed to the imbalance.
In Guyana, remote dirt road seen as future economic lifeline
AFP, Published on 31/08/2025
» LETHEM (GUYANA) - Through the vast interior of Guyana, a historic red dirt road known as "The Trail" winds through rainforest, plains and hills, linking the capital Georgetown to Lethem in the south on the border with Brazil.
Venezuela's El Dorado, where gold is currency of the poor
AFP, Published on 17/06/2025
» EL DORADO — In the Venezuelan mining community of El Dorado, the majority of residents carry around gold instead of cards or cash to pay for groceries.
Maduro party eyes big win as Venezuela opposition boycotts vote
AFP, Published on 26/05/2025
» CARACAS - Venezuelan President Nicolas Maduro's party was eyeing a landslide victory in legislative and regional elections Sunday, after a wave of arrests of opposition members who called for a massive boycott of the vote.
Oil prices set for biggest monthly drop since 2021
Published on 30/04/2025
» Oil prices are headed for their largest monthly decline since November 2021 on signs that the US-led trade war is hurting economic growth and energy demand at a time when the Opec+ alliance has been loosening supply curbs.
European orbital rocket crashes after launch
AFP, Published on 30/03/2025
» OSLO - The first orbital rocket launched from continental Europe crashed seconds after blast-off Sunday, in a closely watched test for the continent's bid to build a new space economy.
Jamaica urged to ‘fully decolonise’
Published on 01/03/2025
» KINGSTON, Jamaica - Many Jamaicans want their country to ditch King Charles as head of state but a bill presented by the government to do just that has frustrated some critics of the monarchy, who believe the change should go further to slash colonial ties.
A 'retrospective' on Trump's first year back in job
Oped, Jeffrey Frankel, Published on 16/01/2025
» Predictions about 2025 come with flashing caveats: no one can know what US President-elect Donald Trump will do, let alone how the rest of the world will respond. But one can speculate. Imagine it is January 2026.