WTI heads for weekly gains as Fed hopes boost market and Venezuela tensions loom

December 5th 2025
Rystad Energy said in a note that such a move could put at risk Venezuela's 1.1 million barrels per day of crude oil production, which it supplies mostly to China.- US natural gas futures edge up to 35-month high on cold snap and near-record LNG export flows
- Putin questions US punishing India for buying Russian oil
- Turkiye to Invest in U.S. Gas as It Expands LNG Supply and Diversification Efforts
- Venezuela’s Oil Exports Rise in November Despite U.S. Pressure
- Kazakhstan reroutes oil exports after drone attack cuts CPC pipeline capacity
- EIR forecasts modest impact on U.S. natural gas demand from data center expansion
- Oil prices firm after Ukrainian strikes on Russian oil infrastructure, stalled peace talks
- Eni Launches Second Phase of Congo LNG Project Ahead of Schedule
- Serbia’s Pancevo Refinery Halts Output as US Sanctions Cut Off Crude Supplies


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