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A service for energy industry professionals · Wednesday, May 6, 2026 · 910,757,406 Articles · 3+ Million Readers
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  • Published on May 5, 2026 - 13:08 GMT

    Trump Says Large Volumes of Venezuelan Oil Heading to US

    (MENAFN) US President Donald Trump said on Monday that significant quantities of Venezuelan crude oil are being shipped to the United States, describing the flow as part of what he called a growing energy partnership, according to remarks made at a White …

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  • Published on May 5, 2026 - 13:09 GMT

    Trump Announces Large Volumes of Venezuelan Oil Set to Reach US

    (MENAFN) US President Donald Trump stated on Monday that “hundreds of millions of barrels” of oil from Venezuela are being shipped to the United States, describing the arrangement as part of a developing energy partnership. Speaking at a small business …

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  • Published on May 5, 2026 - 13:02 GMT

    Trump Claims Large-Scale Venezuelan Oil Flow to US

    (MENAFN) According to reports, the U.S. President stated that a significant volume of Venezuelan crude oil—amounting to hundreds of millions of barrels—is currently being sent to the United States. He said the two sides maintain what he described as a …

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  • Published on May 5, 2026 - 10:09 GMT

    Brent Crude Prices Surge to USD110 Amid Supply Fears

    (MENAFN) Global oil prices surged sharply on Monday, with Brent crude futures climbing toward $110 per barrel and snapping a two-session losing streak, as escalating security threats around the Strait of Hormuz stoked fresh alarm over the stability of …

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  • Published on May 5, 2026 - 09:28 GMT

    Oil Prices Surge Amid Escalating Tensions in Strait of Hormuz

    (MENAFN) Global oil prices climbed sharply on Monday, with Brent crude rising by more than 5.5% to approach $115 per barrel, driven by heightened geopolitical tensions in the Strait of Hormuz, according to reports. After briefly nearing the $115 mark, …

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  • Published on May 5, 2026 - 10:11 GMT

    Brent Crude Tops USD114 After Missiles Strike US Navy Ship

    (MENAFN) Brent crude futures rocketed more than 5.5% toward $115 per barrel on Monday after Iranian media reported that missiles had struck a US Navy vessel near Jask Island, sending shockwaves through global energy markets and dramatically intensifying …

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