Pre. Settlement | N/A |
Settlement Date | 2026-01-20 |
Open | 50.50 |
Bid | 0.00 |
Last Price | 50.60 |
Day's Range | 50.50 - 50.50 |
Volume | |
Ask | 0.00 |
As it moves to phase out Russian oil and gas, Europe is looking increasingly to Africa as a source for new energy supplies
Venezuela’s attorney general said Saturday that 21 people, including senior officials in the government of President Nicolás Maduro and business leaders, have been arrested in connection with a corruption scheme involving international oil sales. Prosecutor Tarek William Saab said the alleged scheme involved selling Venezuelan oil through the country’s cryptocurrency oversight agency in parallel to the state-run Petróleos de Venezuela SA.
Iraq halted crude exports from the semi-autonomous Kurdistan region and northern Kirkuk fields on Saturday, an oil official told Reuters, after the country won a longstanding arbitration case against Turkey. The decision to stop shipments of 450,000 barrels per day (bpd) of crude relates to a case from 2014, when Baghdad claimed that Turkey violated a joint agreement by allowing the Kurdistan Regional Government (KRG) to export oil through a pipeline to the Turkish port of Ceyhan.