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U.S. Crude Oil Stocks Climb While Cushing Levels Sink Deeper

Oil news - Tue, 10/07/2025 - 23:47
The American Petroleum Institute (API) estimated that crude oil inventories in the United States increased by 2.780 million barrels in the week ending October 3. Analysts had forecast a 2.25 million build for the week. Today’s figures come after three consecutive weeks of draws, including a 3.674 million barrel draw in the week ending September 26. So far this year, net crude oil inventories have rose by just 557,000 barrels, according to Oilprice calculations of API data. Earlier this week, the Department of Energy (DoE) reported that crude…
Categories: Oil news

U.S. Crude Oil Stocks Climb While Cushing Levels Sink Deeper

Oil news - Tue, 10/07/2025 - 23:47
The American Petroleum Institute (API) estimated that crude oil inventories in the United States increased by 2.780 million barrels in the week ending October 3. Analysts had forecast a 2.25 million build for the week. Today’s figures come after three consecutive weeks of draws, including a 3.674 million barrel draw in the week ending September 26. So far this year, net crude oil inventories have rose by just 557,000 barrels, according to Oilprice calculations of API data. Earlier this week, the Department of Energy (DoE) reported that crude…
Categories: Oil news

Exfuncionarios del Gobierno francés piden la renuncia de Macron

Apporea noticias - Tue, 10/07/2025 - 23:18
7 de octubre de 2025.- Dos ex primeros ministros franceses se han distanciado del presidente Emmanuel Macron, manifestando su descontento con las decisiones tomadas por el mandatario y pidiendo su renuncia. Citado por medios internacionales, Édouard Philippe, primer ministro de Macron después de ...
Categories: Venezuelan news

U.S. Energy Shift Bolsters China's Offshore Wind Dominance

Oil news - Tue, 10/07/2025 - 23:00
As the US aims to decouple from Chinese supply chains by doubling down on its domestic oil and gas resources, industries such as offshore wind have faced a barrage of economic challenges, from stop-work orders, to tax break rollbacks and rising inflationary costs. Despite unfavorable conditions in the US, Rystad Energy research shows new global offshore wind capacity will reach 16 gigawatts (GW) by the end of 2025 due to projects already underway, with two thirds of them being developed in China. By 2030, Rystad Energy forecasts China’s offshore…
Categories: Oil news

EIA Raises U.S. Oil Output Forecast, Warns Oversupply Could Crush Prices

Oil news - Tue, 10/07/2025 - 22:30
The United States is on track to break yet another oil production record this year, but the Energy Information Administration (EIA) says the resulting supply glut could drag prices lower in the months ahead. In its October outlook, the EIA raised its forecast for U.S. crude production to 13.53 million barrels per day (bpd) for 2025, up from a forecast of 13.44 million bpd previously. That’s well above last year’s record 13.23 million bpd and reflects stronger-than-expected output in July, along with faster ramp-ups from new offshore…
Categories: Oil news

EIA Raises U.S. Oil Output Forecast, Warns Oversupply Could Crush Prices

Oil news - Tue, 10/07/2025 - 22:30
The United States is on track to break yet another oil production record this year, but the Energy Information Administration (EIA) says the resulting supply glut could drag prices lower in the months ahead. In its October outlook, the EIA raised its forecast for U.S. crude production to 13.53 million barrels per day (bpd) for 2025, up from a forecast of 13.44 million bpd previously. That’s well above last year’s record 13.23 million bpd and reflects stronger-than-expected output in July, along with faster ramp-ups from new offshore…
Categories: Oil news

Precio del oro alcanza récord histórico de 4 mil dólares por onza

Apporea noticias - Tue, 10/07/2025 - 22:12
7 de octubre de 2025.- El precio del oro alcanzó este martes un nuevo valor histórico de cuatro mil dólares por onza, lo que destacó un récord que se promueve por la fuerte demanda de inversión ante la creciente incertidumbre geopolítica y económica, que llevó a que las acciones y bonos mundiales re...
Categories: Venezuelan news

Las cifras de la devastación tras dos años de ataques de Israel en Gaza

Apporea noticias - Tue, 10/07/2025 - 21:37
7 de octubre de 2025.- Los números por sí solos no pueden capturar el impacto que la guerra entre Israel y Hamas ha tenido en la Franja de Gaza. Pero pueden ayudarnos a entender cómo el conflicto ha trastornado por completo las vidas de 2,1 millones de palestinos que viven en el territorio y ha d...
Categories: Venezuelan news

How the European Hydrogen Bank is Jump-Starting Europe’s Hydrogen Economy

Oil news - Tue, 10/07/2025 - 21:30
A few years ago, clean hydrogen in Europe seemed stuck in ambition. Targets were bold, but execution was thin. That’s changing fast, thanks to a smart new mechanism that tackles one of hydrogen’s toughest challenges: bridging the cost gap between low-carbon hydrogen and fossil-derived alternatives. Auctions that de?risk and prioritize The European Hydrogen Bank operates via competitive auctions under the Innovation Fund. Producers bid on a fixed-premium subsidy per kilo of hydrogen for up to ten years. Only projects with credible offtake…
Categories: Oil news

Full Propane Tanks, Wet Corn, and the Price Wildcard Ahead

Oil news - Tue, 10/07/2025 - 21:18
The U.S. is entering the winter heating season with healthy propane inventories—an encouraging signal for weather-driven energy markets. According to the Energy Information Administration, stocks are at about 103 million barrels in mid-October, about 13 million barrels above the five-year average for this time of year. The EIA said propane gas-plant production was up about 5% in the first seven months of 2025 compared with the same period in 2024. Propane spot prices at Mont Belvieu averaged about $0.70 per gallon in late September, roughly…
Categories: Oil news

Perú: transportistas levantan paro en Lima tras acuerdo con el gobierno

Apporea noticias - Tue, 10/07/2025 - 21:11
7 de octubre de 2025.- Esta noche, los principales gremios de transportistas confirmaron que no habrá paro este martes 7 de octubre en Lima y Callao. La decisión se adoptó tras una reunión con representantes del Gobierno, donde se firmó un acta de compromisos que busca poner fin a la tensión generad...
Categories: Venezuelan news

Steel Import Appetite Slows in the U.S.

Oil news - Tue, 10/07/2025 - 21:00
Via Metal Miner The Raw Steels Monthly Metals Index (MMI) remained sideways, with a modest 0.82% rise from September to October. U.S. Steel Prices Remain in Search of a Bottom U.S. steel prices continued to soften throughout September as they entered Q4 in search of a new low. Based on their October 3 close, HRC prices have now unraveled $80/st from their late March peak, leaving them sitting at their lowest level since February.  While they remained somewhat slow, the second and third quarters showed largely steady bearish momentum across…
Categories: Oil news

Realizan marcha en Caracs en apoyo al pueblo palestino

Apporea noticias - Tue, 10/07/2025 - 20:57
7 de octubre de 2025.- Desde el parque Generalísimo Francisco de Miranda en Caracas partió la Gran Marcha por la Libertad y la Soberanía Plena de Palestina y Venezuela, y para protestar por el genocidio perpetrado por Israel contra la Franja de Gaza desde hace dos años. La movilización tuvo como...
Categories: Venezuelan news

Llega a Jordania grupo de detenidos de la Flotilla Global Sumud

Apporea noticias - Tue, 10/07/2025 - 20:46
7 de octubre de 2025.- Un total de 130 ciudadanos de distintas nacionalidades, incluidos activistas y cooperantes humanitarios a bordo de la Flotilla Global Sumud, llegaron hoy a Jordania tras haber sido detenidos por Israel, informó el Ministerio de Exteriores del Reino Hachemita. Según el port...
Categories: Venezuelan news

Efemérides 7 de octubre: Jornada por el Trabajo Decente – Ataque terrorista de Hamas y respuesta genocida de Israel

Apporea noticias - Tue, 10/07/2025 - 20:15
Es 7 de octubre de 2025. Han transcurrido 280 días del año y faltan 85 días para su terminación. Hoy es martes. Las efemérides se refieren a sucesos, celebraciones o conmemoraciones significativas para un área del conocimiento, la cultura y las artes, la historia o la ciencia...
Categories: Venezuelan news

Reportaron sismos de baja intensidad en cinco estados de Venezuela

Apporea noticias - Tue, 10/07/2025 - 20:07
7 de octubre de 2025.- Un total de cinco sismos se produjeron la madrugada de este lunes en los estados Apure, Trujillo, Zulia, Lara y Sucre, informó la Fundación Venezolana de Investigaciones Sismológicas (Funvisis). Los movimientos telúricos registraron magnitudes que oscilaron entre 2.9 y 3.6 ...
Categories: Venezuelan news

Russia Launches Strikes Across Ukraine After Drones Knock Out Power in Belgorod

Oil news - Tue, 10/07/2025 - 20:00
Russian forces struck several sites across Ukraine, including a medical facility in the northeastern city of Sumy, after Kyiv carried out a massive drone attack on Russia's Belgorod region, knocking out power to thousands of homes. Oleh Hryhorov, the head of the Sumy regional military administration, said on October 6 that 166 people, including 11 children, were in the medical facility at the time of the attack. According to preliminary reports, there were no casualties. Andriy Yermak, the head of Ukraine's Presidential Office, gave further details,…
Categories: Oil news

High Costs, Low Prices Threaten to Stall Argentina’s Shale Ambitions

Oil news - Tue, 10/07/2025 - 19:59
Argentina’s prized shale basin Vaca Muerta, once hailed as the key to transforming the country into a global energy exporter, is now facing a period of stagnation and uncertainty. Lower oil prices, rising costs, and policy constraints have slowed drilling and fracking, raising questions about whether the formation can deliver the government’s ambitious export goals. According to Reuters, drilling and fracking activity in Vaca Muerta — the world’s fourth-largest unconventional oil reserve — has begun to plateau, with…
Categories: Oil news

High Costs, Low Prices Threaten to Stall Argentina’s Shale Ambitions

Oil news - Tue, 10/07/2025 - 19:59
Argentina’s prized shale basin Vaca Muerta, once hailed as the key to transforming the country into a global energy exporter, is now facing a period of stagnation and uncertainty. Lower oil prices, rising costs, and policy constraints have slowed drilling and fracking, raising questions about whether the formation can deliver the government’s ambitious export goals. According to Reuters, drilling and fracking activity in Vaca Muerta — the world’s fourth-largest unconventional oil reserve — has begun to plateau, with…
Categories: Oil news

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