US Lifts Sanctions On Iraqi Airline Blacklisted Over IRGC Ties

World's Largest Refiner Says China's Oil Demand "Very Likely Peaked Last Year" One of the most understated stories of 2026, and the reason why oil (and gas) aren't trading at persistently nosebleed levels (ignore diesel for the time being), has been China's unexpectedly weak oil demand. And while there has been much speculation surrounding the reason for this chronically weak oil demand, ranging from an accelerated - and offsetting - SPR drain, to a dramatic economic slowdown behind the scenes (or even in front of the scenes based on the...

Chevron Nears Deal To Expand Venezuela Oil Operations Venezuela could soon become a much bigger part of Chevron’s global oil business, according to Bloomberg. The company is reportedly nearing an agreement to take control of operations at two large crude-producing areas in the country’s Carabobo region, adding access to substantial heavy-oil resources. The potential expansion comes as Washington seeks to attract more American capital to Venezuela’s energy sector and boost the country’s output. Chevron already has an established presence there through a partnership with state oil company PDVSA, making it the only...

Nation's Largest Cattle Group Slams Trump's Tariff-Free Beef "Undercutting" US Ranchers Summary:  National Cattlemen's Beef Association Slams Trump Admin Trump To Flood US With 300,000 Tons Of Tariff-Free Ground Beef To Tame Prices Ahead Of Midterms National Cattlemen's Beef Association Slams Trump Admin The National Cattlemen's Beef Association (NCBA) responded to President Trump's move to import 300,000 tons of tariff-free ground beef to stabilize prices ahead of the midterms in a series of posts on X. NCBA, the largest national trade and lobbying organization representing US cattle producers and broader beef-industry interests, was not pleased...