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Day: December 23, 2025

Sanctioned Tankers Load Venezuelan Oil Despite US Pressure

Energy News Beat In a bold defiance of escalating US pressure, sanctioned tankers continue to load Venezuelan oil off the country’s coast, even as the Trump administration ramps up its naval blockade to cut off revenue streams for President Nicolás Maduro’s regime. Despite recent high-profile interceptions and pursuits by US forces, oil loadings have persisted […]

Oil Glut and Surging Barrels at Sea Have Spooked Oil Traders and the Market, but Is This Market Dysfunction Rather Than a Glut?

Energy News Beat In the volatile world of global energy markets, the sight of surging oil barrels floating at sea has sent shockwaves through traders and investors. As of late 2025, global crude supplies have ballooned, with an estimated 1.3 billion barrels of “oil on water”—the highest level since April 2020 and a staggering 30% […]