US Secures 65 Billion Barrels of Venezuelan Oil in Landmark Deal
The US and Venezuela strike a strategic oil deal, granting the US control over 65 billion barrels and aiming to boost Venezuelan production to refill the S
Asian Oil Intelligence Platform
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Global energy markets are exhibiting a bullish sentiment, primarily driven by escalating geopolitical tensions in the Middle East and ongoing supply chain disruptions. Crude oil and LNG prices remain elevated, with Brent crude trading near $95/bbl and JKM LNG around $24/MMBtu, while refined product markets are tight and Asian shipping freight rates are firm on key routes. Market overview as of 2026-09-04 · Verified by Asian Oil Intelligence Desk
The US and Venezuela strike a strategic oil deal, granting the US control over 65 billion barrels and aiming to boost Venezuelan production to refill the S
Enbridge expands North American midstream footprint with $600M acquisition of Salt Creek Midstream's crude gathering business and a new KKR/Apollo JV for g
The Americas have emerged as a critical oil supplier, boosting production and exports to Asia following the Strait of Hormuz closure and Mideast geopolitic
African nations are investing heavily in LNG projects, with $78.48 billion earmarked for 31 new facilities by 2030, driving significant export growth.
Europe faces an impending energy crisis as critically low gas inventories and Middle East LNG disruptions threaten winter supply, potentially pushing price
Indonesia freezes subsidized fuel prices through 2026, while commercial diesel rates surge, impacting consumer habits, fiscal quotas, and logistics costs.
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