Energy & Commodities

Blow to China from loss of Venezuela oil blunted by hoard at sea

The Asian nation is the major buyer of crude from the South American country

Non-yielding assets tend to do well in a low-interest-rate environment and during times of geopolitical or economic uncertainty.

Gold rises over 1% as Maduro capture spurs safe-haven demand

Investors currently expect at least two rate cuts by the US Federal Reserve this year

Model orchards will be established in key growing regions to demonstrate best practice and provide training, while there will also be technical exchanges between the two nations.

New Zealand exporter bets on Indian growers to fuel kiwifruit demand

The strategy follows a free-trade agreement announced in late December

The nation currently produces about one million barrels a day, compared to nearly four million barrels in 1974.

Trump’s Venezuela oil revival plan is a US$100 billion gamble

The country sits atop the world’s largest oil reserves

The country has lost millions of hectares of forest in recent years, much of it because of palm oil and mining expansion.

Indonesia tightens grip on resources with Switzerland-sized land grab

Tighter control of domestic resources has been a vital concern for the Prabowo administration

Brent crude futures rose 17 cents to US$60.92 a barrel by 0024 GMT, paring earlier losses, while US West Texas Intermediate crude was at US$57.43 a barrel, up 11 cents.

Oil prices slip on ample supply despite political turmoil in Venezuela

[SINGAPORE] Oil prices inched up on Monday as investors weighed whether political upheaval in Opec member Venezuela would disrupt shipments after US President Donald Trump seized Venezuelan President ...

Chevron-chartered oil tanker Ionic Anax near the Bajo Grande port in Venezuela's Lake Maracaibo after loading for export, San Francisco, Zulia State, Venezuela, Dec 13, 2025.

US pushes oil majors to invest big in Venezuela if they want to recover debts

Even if companies do agree to return, it could be years before there is a meaningful boost to oil output

PDVSA’s move includes shutting down oilfields or well clusters as onshore stocks mount and the company runs out of diluents to blend Venezuela’s heavy crude for shipment.

Venezuela moves to cut oil output due to US export embargo

US president Donald Trump said on Saturday that an “oil embargo” was in full force

Sunday's meeting of eight members of Opec+ comes after oil prices fell more than 18% in 2025 – their steepest yearly drop since 2020.

Opec+ keeps oil output steady despite turmoil among members

[DUBAI/LONDON] Opec+ agreed to maintain steady oil output at its meeting on Sunday (Jan 4), the group said in a statement, despite political tensions between key members Saudi Arabia and United Arab E...

Venezuela's leader Nicolas Maduro and his wife have been seized by US forces.

Trump says US oil producers to invest billions in Venezuela following Maduro capture

He describes an ambitious vision to use US financial resources and industry know-how to restore the South American nation’s oil sector