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Alexander Guevara
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Article
IEA says it could release more strategic oil reservesInternational Energy Agency data indicate that around 325 million barrels of crude oil have been released to date. Member states of the International Energy Agency (IEA) are prepared to “release more” strategic oil reserves, including diesel, the organization announced Wednesday after a meeting. These countries hold the equivalent of around 1.1 billion barrels, of which more than 200 million are diesel, the IEA said in a statement, adding that they are prepared “to release more of these reserves onto the market if and when necessary.”

IEA says it could release more strategic oil reserves

International Energy Agency data indicate that around 325 million barrels of crude oil have been released to date.
Member states of the International Energy Agency (IEA) are prepared to “release more” strategic oil reserves, including diesel, the organization announced Wednesday after a meeting.
These countries hold the equivalent of around 1.1 billion barrels, of which more than 200 million are diesel, the IEA said in a statement, adding that they are prepared “to release more of these reserves onto the market if and when necessary.”
Article
Oil prices fall amid prospects of the IEA releasing more reservesWest Texas Intermediate (WTI) crude was priced at $88.28 at the close of trading on Wednesday, October 7. Oil prices closed lower after member countries of the International Energy Agency (IEA) said they were willing to release more strategic oil reserves, including diesel. After advancing for much of the session, North Sea Brent crude for December delivery ended down 0.38% at $100.20.

Oil prices fall amid prospects of the IEA releasing more reserves

West Texas Intermediate (WTI) crude was priced at $88.28 at the close of trading on Wednesday, October 7.
Oil prices closed lower after member countries of the International Energy Agency (IEA) said they were willing to release more strategic oil reserves, including diesel.
After advancing for much of the session, North Sea Brent crude for December delivery ended down 0.38% at $100.20.
Article
Venezuelan oil is flowing into Spain like never before: purchases of Caribbean crude are up 211% andis now the third-largest supplier In August, only Nigeria and Mexico ranked ahead of it, with the United States falling to fourth place, although it remains the largest supplier of crude so far this year Venezuelan oil is making a strong comeback in Spain and now accounts for 11.2% of total crude oil imports, according to data for August provided by Cores. Crude oil purchases from Venezuela have picked up sharply since the agreements between the U.S. administration of Donald Trump and acting president Delcy Rodríguez to revive the country's flagging oil industry, which holds the largest crude oil reserves on the planet.

Venezuelan oil is flowing into Spain like never before: purchases of Caribbean crude are up 211% and

is now the third-largest supplier
In August, only Nigeria and Mexico ranked ahead of it, with the United States falling to fourth place, although it remains the largest supplier of crude so far this year
Venezuelan oil is making a strong comeback in Spain and now accounts for 11.2% of total crude oil imports, according to data for August provided by Cores.
Crude oil purchases from Venezuela have picked up sharply since the agreements between the U.S. administration of Donald Trump and acting president Delcy Rodríguez to revive the country's flagging oil industry, which holds the largest crude oil reserves on the planet.
Article
Fact: Spain’s imports of Venezuelan oil reach highest level in two decadesRecently, Spanish energy company Repsol signed an agreement with the Venezuelan government and PDVSA to take operational control of a joint oil company in which it holds a minority stake. Spain’s imports of Venezuelan oil through August this year were the highest in 20 years, following agreements between Venezuela and the US to reopen the Caribbean nation’s oil sector to foreign investment. According to Reuters, Spain imported 2.32 million metric tons of crude oil from Venezuela between January and August 2026, the highest figure for this period since the 2.39 million tons imported in 2006.

Fact: Spain’s imports of Venezuelan oil reach highest level in two decades

Recently, Spanish energy company Repsol signed an agreement with the Venezuelan government and PDVSA to take operational control of a joint oil company in which it holds a minority stake.
Spain’s imports of Venezuelan oil through August this year were the highest in 20 years, following agreements between Venezuela and the US to reopen the Caribbean nation’s oil sector to foreign investment.
According to Reuters, Spain imported 2.32 million metric tons of crude oil from Venezuela between January and August 2026, the highest figure for this period since the 2.39 million tons imported in 2006.
🇻🇪 Oil companies prepare to expand in Venezuela despite operational challenges Executives from oil companies such as Repsol, Siemens AG, Hunt Oil Co, Maurel & Prom, and UCC Holding analyzed the strengths and weaknesses of Venezuela's oil sector. Overall, optimism prevails. 🔗 Banking and Business All pending for 2027, and yes, that year could be a very interesting year of growth for Venezuela, but it won't happen on inertia. The key will be how much we manage to increase oil production, attract private investment, stabilize prices and the exchange rate, and also recover production capacity and strengthen institutions. Quite a challenge. Oil will open the door, but the quality of the reforms and how the company will prepare to take advantage of that environment will determine how far they can go. Not much, but yeah 🤣 grab that so they can take advantage of it Do you think it will keep going up more when they publish Monday’s rate? lol #petróleo #venezuela #BinanceP2P #P2P #P2PTrading $BTC
🇻🇪 Oil companies prepare to expand in Venezuela despite operational challenges

Executives from oil companies such as Repsol, Siemens AG, Hunt Oil Co, Maurel & Prom, and UCC Holding analyzed the strengths and weaknesses of Venezuela's oil sector. Overall, optimism prevails.

🔗 Banking and Business

All pending for 2027, and yes, that year could be a very interesting year of growth for Venezuela, but it won't happen on inertia.

The key will be how much we manage to increase oil production, attract private investment, stabilize prices and the exchange rate, and also recover production capacity and strengthen institutions. Quite a challenge.

Oil will open the door, but the quality of the reforms and how the company will prepare to take advantage of that environment will determine how far they can go.

Not much, but yeah 🤣 grab that so they can take advantage of it

Do you think it will keep going up more when they publish Monday’s rate? lol

#petróleo #venezuela #BinanceP2P #P2P #P2PTrading $BTC
🇻🇪Oil belongs to Venezuelans. We have to build a great country, where every Venezuelan enjoys the best quality of life in the world: the highest wages, solid institutions, and top-tier infrastructure. It makes no sense to have the largest oil reserves on the planet—a resource that nature gave us—and not be a prosperous country. With that wealth, we must be rich. Venezuelans have to receive the best salary in the world. 🇻🇪Let’s move forward toward a better country with the best quality of life in the world for Venezuelans. 🇨🇳China suspended fuel exports for October. #petróleo #venezuela #china #ChinaEconomy #Venezuela2026 $CL $BZ
🇻🇪Oil belongs to Venezuelans.

We have to build a great country, where every Venezuelan enjoys the best quality of life in the world: the highest wages, solid institutions, and top-tier infrastructure.

It makes no sense to have the largest oil reserves on the planet—a resource that nature gave us—and not be a prosperous country. With that wealth, we must be rich.

Venezuelans have to receive the best salary in the world.

🇻🇪Let’s move forward toward a better country with the best quality of life in the world for Venezuelans.

🇨🇳China suspended fuel exports for October.

#petróleo #venezuela #china #ChinaEconomy #Venezuela2026 $CL $BZ
🛢️ What moved the market? The international context. According to Ámbito, geopolitical uncertainty has once again pushed up the price of oil, adding inflationary pressure on global markets and affecting risk assets in general. ⚠️ Binance Square content may include content created by third parties and/or assisted by AI. Binance does not endorse or take responsibility for its accuracy. This does not constitute financial advice. Crypto is volatile and you may not recover your investment. DYOR. Review our Terms of Use and Risk Warning. Binance Services Latinoamérica S.A. de C.V. - S.S.E. registered under No. 76 in the PSAV Registry of CNV Argentina. #Bitcoin #Crypto #Petróleo #Mercados
🛢️ What moved the market? The international context.

According to Ámbito, geopolitical uncertainty has once again pushed up the price of oil, adding inflationary pressure on global markets and affecting risk assets in general.

⚠️ Binance Square content may include content created by third parties and/or assisted by AI. Binance does not endorse or take responsibility for its accuracy. This does not constitute financial advice. Crypto is volatile and you may not recover your investment. DYOR. Review our Terms of Use and Risk Warning.

Binance Services Latinoamérica S.A. de C.V. - S.S.E. registered under No. 76 in the PSAV Registry of CNV Argentina.

#Bitcoin #Crypto #Petróleo #Mercados
Mason Fluker IrMc:
pls sir give me plis 0x9f9a332e21a505782d8727d42578a486e06dc722
Article
Reportage: Mene Grande, a poor town that swims in oil, betting its last hope on NabepRiches from Venezuela’s oil boom emerged in Mene Grande. Today, it is a town ravaged by power outages and poverty, and also decimated by emigration. Its residents hope to improve with the new agreement between Venezuela and the US. In Mene Grande, the birthplace of Venezuela’s oil industry, crude oil seeps from the ground even in the yards of houses. Puffs of bubbling gases mix with the hydrocarbons that permeate the air with an odor that can cause dizziness. More than a century after it set off an oil boom, the small town of about 27,000 people is once again in investors’ sights, raising “many expectations.”

Reportage: Mene Grande, a poor town that swims in oil, betting its last hope on Nabep

Riches from Venezuela’s oil boom emerged in Mene Grande. Today, it is a town ravaged by power outages and poverty, and also decimated by emigration. Its residents hope to improve with the new agreement between Venezuela and the US.
In Mene Grande, the birthplace of Venezuela’s oil industry, crude oil seeps from the ground even in the yards of houses. Puffs of bubbling gases mix with the hydrocarbons that permeate the air with an odor that can cause dizziness.
More than a century after it set off an oil boom, the small town of about 27,000 people is once again in investors’ sights, raising “many expectations.”
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Verified
🇺🇸 | U.S. strategic petroleum reserves fell to 283.8 million barrels, the lowest level since October 1982. The decline boosted Brent to $105 and WTI to $92 to $93 $USDC #petróleo
🇺🇸 | U.S. strategic petroleum reserves fell to 283.8 million barrels, the lowest level since October 1982. The decline boosted Brent to $105 and WTI to $92 to $93
$USDC #petróleo
Article
IEA backs greater electrification to reduce oil demand by 18 million barrels daily The International Energy Agency (IEA) aims to increase the share of electricity in the global energy mix to 35% by 2035 in order to reduce oil demand and save more than US$400 billion for importing countries. The International Energy Agency (IEA) published a new High Electrification Scenario (HES), which charts a path toward a global rate—measuring the proportion of electricity consumed relative to total energy demand—of 35% by 2035.

IEA backs greater electrification to reduce oil demand by 18 million barrels

daily
The International Energy Agency (IEA) aims to increase the share of electricity in the global energy mix to 35% by 2035 in order to reduce oil demand and save more than US$400 billion for importing countries.
The International Energy Agency (IEA) published a new High Electrification Scenario (HES), which charts a path toward a global rate—measuring the proportion of electricity consumed relative to total energy demand—of 35% by 2035.
Article
THE FIRST ASSET IS ENERGYEnergy is not just a commodity. It is a strategic infrastructure capable of connecting production, transport, industry, and commerce across different regions of the world. Iran occupies a relevant position in this system due to its location near the Strait of Hormuz, one of the main maritime routes for the international transport of oil. This position connects the Persian Gulf to major consumer markets in Asia and in other regions. Oil, however, does not circulate on its own. It depends on ships, ports, pipelines, refineries, insurance, logistics infrastructure, and markets capable of turning natural resources into products used by the economy.

THE FIRST ASSET IS ENERGY

Energy is not just a commodity. It is a strategic infrastructure capable of connecting production, transport, industry, and commerce across different regions of the world.
Iran occupies a relevant position in this system due to its location near the Strait of Hormuz, one of the main maritime routes for the international transport of oil. This position connects the Persian Gulf to major consumer markets in Asia and in other regions.
Oil, however, does not circulate on its own. It depends on ships, ports, pipelines, refineries, insurance, logistics infrastructure, and markets capable of turning natural resources into products used by the economy.
OISUS+2.04%
XOPETF+3.05%
USOETF+2.18%
Article
Venezuela moved to the “top of Chevron’s opportunities” and plans to invest US$7 billion incountry Chevron’s chief financial officer, Eimear Bonner, estimates production of close to 600,000 barrels per day in Venezuela over the next five years at a cost of $20 per barrel. Chevron’s chief financial officer, Eimear Bonner, said that Venezuela moved to be “at the top of the company’s investment opportunities” after securing better contractual terms and new opportunities to expand its oil production. In an interview with Fortune, the executive said that the financial bet on the Venezuelan oil market is based on three specific factors: high crude reserves that make long-term growth opportunities viable, low operating costs, and competitive returns compared with other markets.

Venezuela moved to the “top of Chevron’s opportunities” and plans to invest US$7 billion in

country
Chevron’s chief financial officer, Eimear Bonner, estimates production of close to 600,000 barrels per day in Venezuela over the next five years at a cost of $20 per barrel.
Chevron’s chief financial officer, Eimear Bonner, said that Venezuela moved to be “at the top of the company’s investment opportunities” after securing better contractual terms and new opportunities to expand its oil production.
In an interview with Fortune, the executive said that the financial bet on the Venezuelan oil market is based on three specific factors: high crude reserves that make long-term growth opportunities viable, low operating costs, and competitive returns compared with other markets.
Article
They warn that proven oil reserves would last for 42 years at the current consumption level world Among the Latin American countries that could increase their future share in the supply mentioned Venezuela, Guyana, Brazil and Argentina. The managing partner of Plata Energy warned that global consumption remains at high levels while there is uncertainty about the investments needed to sustain future supply. During the XXIII Peruvian Congress of Geology, he said that global reserves would be around 1.7 trillion barrels. Proven oil reserves in the world would last for approximately 42 years if the current level of consumption is maintained, Max Torres, managing partner of Plata Energy, said during his participation in the XXIII Peruvian Congress of Geology.

They warn that proven oil reserves would last for 42 years at the current consumption level

world
Among the Latin American countries that could increase their future share in the supply mentioned Venezuela, Guyana, Brazil and Argentina.
The managing partner of Plata Energy warned that global consumption remains at high levels while there is uncertainty about the investments needed to sustain future supply. During the XXIII Peruvian Congress of Geology, he said that global reserves would be around 1.7 trillion barrels.
Proven oil reserves in the world would last for approximately 42 years if the current level of consumption is maintained, Max Torres, managing partner of Plata Energy, said during his participation in the XXIII Peruvian Congress of Geology.
Article
Analysis: Can NABEP double oil production at the 17 Venezuelan fields?U.S. government officials said that the company North American Blue Energy Partners (NABEP) is a proven operator that knows how to increase oil production. The oil agreement recently signed by Venezuela and U.S. authorities is focused on fields that are “aging, degraded, or whose access is costly.” According to Bloomberg, the energy company North American Blue Energy Partners (NABEP) has said it aims to double oil production at the 17 fields by adding about 300,000 barrels of oil per day (bpd) over more than 2 years.

Analysis: Can NABEP double oil production at the 17 Venezuelan fields?

U.S. government officials said that the company North American Blue Energy Partners (NABEP) is a proven operator that knows how to increase oil production.
The oil agreement recently signed by Venezuela and U.S. authorities is focused on fields that are “aging, degraded, or whose access is costly.”
According to Bloomberg, the energy company North American Blue Energy Partners (NABEP) has said it aims to double oil production at the 17 fields by adding about 300,000 barrels of oil per day (bpd) over more than 2 years.
Article
Chevron CEO: depletion of oil reserves will cause prices to riseSince the war began in late February, some countries have released part of their oil reserves to the market, while the United States has also lifted restrictions on oil stored on ships that were staying offshore and were coming from countries subject to sanctions. The oil reserves that limited the rise in crude prices at the start of the war between Iran and Israel have run out, and the conflict could drive prices even higher over the coming months

Chevron CEO: depletion of oil reserves will cause prices to rise

Since the war began in late February, some countries have released part of their oil reserves to the market, while the United States has also lifted restrictions on oil stored on ships that were staying offshore and were coming from countries subject to sanctions.
The oil reserves that limited the rise in crude prices at the start of the war between Iran and Israel have run out, and the conflict could drive prices even higher over the coming months
Article
Investments in the Paraguaná Refining Complex would boost key economic sectors in FalcónIn the short term, they project that oil investments in the Paraguaná Refining Complex will boost job creation and the circulation of foreign currency in the state. In the coming months, oil investments will serve as a boost to revitalize the economy of Falcón, estimated Orlando Dávila, president of the Chamber of Construction of the state. The leader noted that full reactivation and investment in the Paraguaná Refining Complex (CRP) will, in the short term, become a key opportunity for the region and will initially drive both oil-related activity and the generation of jobs and the circulation of foreign currency in the state.

Investments in the Paraguaná Refining Complex would boost key economic sectors in Falcón

In the short term, they project that oil investments in the Paraguaná Refining Complex will boost job creation and the circulation of foreign currency in the state.
In the coming months, oil investments will serve as a boost to revitalize the economy of Falcón, estimated Orlando Dávila, president of the Chamber of Construction of the state.
The leader noted that full reactivation and investment in the Paraguaná Refining Complex (CRP) will, in the short term, become a key opportunity for the region and will initially drive both oil-related activity and the generation of jobs and the circulation of foreign currency in the state.
🇺🇦 Ukraine launched one of its largest drone attacks to date, estimated to involve more than 1,600 drones, targeting the Moscow region and hitting the city’s main oil refinery. This happens just 6 days after President Trump said that Ukraine and Russia agreed not to attack energy targets in an effort to lower diesel prices. The site that was hit supplies more than 33% of the fuel for the Moscow region and is currently on fire. 🇷🇺 Moscow’s largest oil refinery is ablaze. #petróleo #Ucrania #ukraine #Rusia #russia $BZ $CL
🇺🇦 Ukraine launched one of its largest drone attacks to date, estimated to involve more than 1,600 drones, targeting the Moscow region and hitting the city’s main oil refinery.

This happens just 6 days after President Trump said that Ukraine and Russia agreed not to attack energy targets in an effort to lower diesel prices.

The site that was hit supplies more than 33% of the fuel for the Moscow region and is currently on fire.

🇷🇺 Moscow’s largest oil refinery is ablaze.

#petróleo #Ucrania #ukraine #Rusia #russia $BZ $CL
Alexander Guevara
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🇷🇺Six days after Trump’s TruthSocial post announcing the Ukraine deal to stop attacks on Russian refineries, it is reported that the Kapotnya Oil Refinery in Moscow was targeted in a drone attack.

#russia #ukraine #Ucrania #Rusia #moscu $BZ $CL $NATGAS
Article
Bloomberg: Recently signed oil agreements in Venezuela have not yet dispelled investors' doubts«Significant injections of foreign capital» are needed for Venezuela to restore the daily production of 3,000,000 barrels of oil it had years ago. The recent oil deals signed by various foreign oil companies to operate and extract crude in Venezuela have not yet dispelled investors' doubts about respect for contracts, said energy investment banker Dan Pickering. In this regard, he said that «significant injections of foreign capital» are needed for Venezuela to restore the daily production of 3,000,000 barrels of oil (bpd) it had years ago, according to Bloomberg.

Bloomberg: Recently signed oil agreements in Venezuela have not yet dispelled investors' doubts

«Significant injections of foreign capital» are needed for Venezuela to restore the daily production of 3,000,000 barrels of oil it had years ago.
The recent oil deals signed by various foreign oil companies to operate and extract crude in Venezuela have not yet dispelled investors' doubts about respect for contracts, said energy investment banker Dan Pickering.
In this regard, he said that «significant injections of foreign capital» are needed for Venezuela to restore the daily production of 3,000,000 barrels of oil (bpd) it had years ago, according to Bloomberg.
Verified
💥The (E) President Delcy Rodríguez called on the Venezuelan people to participate in the second Popular Consultation 2026, scheduled for next October 18. This is only meant to gauge how much support the RRR still has...🤷‍♂️ 💥US Secretary of the Interior, Doug Burgum: "The agreement that was just recently reached will allow us to refill the strategic petroleum reserve, perhaps at prices as low as U#$30 or US$40 per barrel". And in the meantime, they control the funds—it's a perfect business for the US...🙄 💥President Donald Trump said that oil prices will fall like a stone as soon as the fight with Iran ends. In other words, prices will keep rising...😅😆 #DonaldTrump #petróleo #DelcyRodriguez #EEUU #venezuela $CL $BZ
💥The (E) President Delcy Rodríguez called on the Venezuelan people to participate in the second Popular Consultation 2026, scheduled for next October 18. This is only meant to gauge how much support the RRR still has...🤷‍♂️

💥US Secretary of the Interior, Doug Burgum: "The agreement that was just recently reached will allow us to refill the strategic petroleum reserve, perhaps at prices as low as U#$30 or US$40 per barrel". And in the meantime, they control the funds—it's a perfect business for the US...🙄

💥President Donald Trump said that oil prices will fall like a stone as soon as the fight with Iran ends. In other words, prices will keep rising...😅😆

#DonaldTrump #petróleo #DelcyRodriguez #EEUU #venezuela $CL $BZ
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