• 4 minutes Energy Armageddon
  • 6 minutes How Far Have We Really Gotten With Alternative Energy
  • 10 minutes Wind droughts
  • 3 hours "Biden Is Running U.S. Energy Security Into The Ground" by Irina Slav
  • 7 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 hours "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 3 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 1 day Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 4 hours The Federal Reserve and Money...Aspects which are not widely known
  • 2 hours "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 4 hours "Oil prices likely not responsible for inflation and other energy insights by hedge fund manager Josh Young" - Kitco News interview by David Lin
  • 4 hours Uniper is over - Germany (Government) buys the Company
  • 13 days "Forget Oil, The Real Crisis Is Diesel Inventories: The US Has Just 25 Days Left" by Zero Hedge - 5 Stars *****
  • 6 days "Dodgy Demand Data? The Oil Price Collapse Conspiracy" by Alex Kimani
  • 10 days Is Europe heading for winter of discontent with extensive gas shortages?
  • 13 days "The Global Digital ID Prison" by James Corbett of CorbettReport.com

Breaking News:

Germany’s Floating LNG Terminal Delayed

Editorial Dept

Editorial Dept

More Info

Trump Will Eventually Overpower Maduro

There has been a remarkable lull over Venezuela – the country as a whole is still unsure what step to take next, the international community has tired a bit of the issue, whilst mainstream media switched over to the prospects of Boeing and the botched Brexit campaign. Yet Venezuela’s national oil company PDVSA finds itself in an increasingly complex situation, seeing its list of potential counterparties narrow by the day, its finances wane and its operations exacerbated by a week-long blackout. Whatever your political backgrounds and preferences, you should look out for President Nicolas Maduro’s actions as he approaches the last months of his tenure. Maduro’s ouster now seems as certain as death and taxes, however, his departure will not make life easier for anyone.

The Venezuelan opposition presented its vision of Venezuela’s future in the post-Maduro era, which should appeal to anyone advocating free trade. The comprehensive oil reform draft created in the recent days sets out the creation of an independent hydrocarbon management agency that would kick off a Mexico-styled Round Zero during which PDVSA, about to remain in state hands, would pick the upstream assets it wishes to retain. Most notably the oil bill would allow foreign oil majors to fully own an asset on Venezuelan soil, be it an upstream or downstream one, thus opening up the country for foreign investment. The proposal, however, comes with a seemingly innocent flexibility…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News