A refinery in Corpus Christi, Texas.

OPEC+ holds oil production amid Venezuela shock: Why?

Saudi Arabia, Russia back production pause while impact of Venezuela events stay unclear

Oil prices fall after US outs Venezuela's Maduro

Increased volumes of Venezuelan oil entering the market would add to oversupply concerns

A protestor holds a caricature of US President Donald Trump drinking from a Venezuelan oil barrel by Portuguese cartoonist Vasco Gargalo, during a demonstration against the US operation in Venezuela to capture Venezuelan President, in front of the US Embassy in Madrid on January 4, 2026.

US eyes Venezuelan oil reserves: Key questions explored

Some of the key questions around US interest in Venezuelan oil

In a well-supplied market, analysts say that instability in Venezuela will have a limited effect on the oil price.

BYD surpasses Tesla in EV sales, claims global lead

BYD's battery-powered vehicle deliveries jump 28% last year to over 2.25 million units

This photo taken on April 27, 2025 shows BYD electric cars waiting to be loaded to the automobile carrier BYD "Shenzhen", which will sail to Brazil from the Taicang Port in Suzhou, in China’s eastern Jiangsu province.

What UAE fuel prices could look like in 2026?

Global oil is sliding, but pump prices depend on more than crude alone

The ceiling for local petrol prices will be set at June’s levels, or 2.18 riyals (58 cents) per liter of 91 octane.

UAE petrol, diesel prices for January 2026 announced

Here's how much it will cost to tank up your vehicle next month

The UAE’s Fuel Price Committee revises retail diesel and petrol prices at the end of every month to align with global rates.

UAE petrol, diesel prices to fall in January 2026?

January UAE fuel prices expected to stay close to December as oil sees small year-end rise

Since the country deregulated fuel prices in 2015, monthly adjustments have followed global oil trends.

Gulf country sets fuel prices for first quarter of 2026

Fuel prices in the UAE for January 2026 will be announced in the coming days

Across the Gulf, most countries have moved towards liberalising fuel prices, allowing them to fluctuate in line with global oil markets.

US-Venezuela tensions worsen: Why is oil then so cheap?

Washington has intensified efforts to restrict Venezuela’s oil exports

A man watches two crude oil tankers remaining anchored on Lake Maracaibo, near Maracaibo, Zulia state, Venezuela on December 17, 2025.

BP sells 65% of Castrol for $6 billion cash boost

BP nets $6 billion from Castrol sale, halfway to $20 billion divestment goal

BP Plc Headquarters And Petrol Stations Ahead Of Results

Japan prepares to restart world’s largest nuclear plant

The Kashiwazaki-Kariwa plant was shut down after the 2011 earthquake and tsunami

Japan clears restart of world’s largest nuclear plant after Fukushima shutdown

Mubadala strengthens renewables footprint across Europe

Mubadala invests €300m in Rezolv to scale renewables across Eastern Europe

Mubadala backs Rezolv Energy in Central and Eastern Europe

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