#OOTT

Trump Blockade Leaves $1 Billion Of Venezuelan Crude Stranded On Tankers With a two-month "quarantine" placed on Venezuelan oil by the Trump administration in a foreign policy move called "gunboat diplomacy," new data estimate that roughly $900 million worth of crude is currently

OPEC+ Pauses Output Hikes After Small December Increase Eight OPEC+ countries on Sunday agreed to raise oil output in December by a modest 137,000 barrels per day but will pause further hikes in the first quarter of 2026, as the group balances its push for market share against signs

EIA Data Shows Record US Oil Output After Major Upward Revision By Julianne Geiger of OilPrice.com The U.S. Energy Information Administration just delivered a statistical shock: July’s monthly data shows U.S. total liquids output hitting a record 21.218 million barrels per day,

Sharp Rise In China-Indonesia Oil Imports Points To Iranian Workaround China has logged a sharp increase in crude imports from Indonesia in recent months, suggesting Beijing has found "new workarounds" to access Iranian oil despite U.S. sanctions, Bloomberg reports. Chinese customs

Oil Surges After US Unveils New Sanctions, Cementing Energy As Best Performing Sector Of 2025 As so often happens, just as Wall Street had given up on oil, it's soaring. WTI spiked to a 3-day high, and was on pace to hit the highest price since the start of the month, after the US