Dow Jones Top Energy Headlines at 4 AM ET: The $8 Billion Black Market for Venezuelan Oil Is Suddenly Closing Down | BP ...

Dow Jones12-18

The $8 Billion Black Market for Venezuelan Oil Is Suddenly Closing Down

About 70% of the country's oil exports rely on a fleet of sanctioned vessels now being targeted by the U.S. military.

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BP Turns to Outsider as Next CEO

Meg O'Neill is resigning from her role leading Woodside Energy to become BP's CEO.

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Electricity Auction Highlights Soaring Prices, Reliability Worries

PJM, a nonprofit, oversees the electricity grid for 65 million consumers in 13 states and the District of Columbia.

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GE Vernova Is the Worst Stock in the S&P 500 Today. Here's Why.

A chip start-up named Mystic has created worries similar to the DeepSeek situation earlier this year.

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U.S. Crude Oil Stockpiles Fall for Second Straight Week

Commercial crude oil stocks fell by 1.3 million barrels to 424.4 million barrels last week as exports increased and refineries stepped up their capacity use, said the U.S. Energy Information Administration.

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TransAlta Gets Order to Keep Coal-Fired Plant in Operation for 90 Days

TransAlta has been ordered by the Energy Department to keep open for a 90-day period a coal-fired power station in Washington state that had been earmarked for closure.

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Oil Climbs as Trump's Venezuela Blockade Raises Supply Risks

Oil prices rose more than 1.5% after Trump ordered a total blockade of all sanctioned tankers to and from Venezuela, raising risks of prolonged supply disruptions in the region.

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Why 2025 has been such a historic year for oil - with prices set to finish near a 5-year low

The world has more oil than it needs, but a drop in crude prices this week to the lowest level in nearly five years may help slow production and boost demand.

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Energy & Utilities Roundup: Market Talk

Find insight on oil futures, the U.S. blockade of oil tankers in and out of Venezuela and more in the latest Market Talks covering energy and utilities.

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Trump Orders Blockade of Sanctioned Oil Tankers In and Out of Venezuela

The president's announcement further escalates pressure on leader Nicolás Maduro.

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U.S. Tanker Seizure Has Paralyzed Venezuelan Oil Shipping-Except Chevron's

Vessels are idling at ports or veering away from the region. But for Chevron, it's business as usual.

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Gas Prices Inch Toward a 5-Year Low. What's Driving the Drop.

A confluence of factors, ranging from an over supply of oil to seasonal patterns, are giving drivers relief at the pump for the holidays.

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The Factory Workers Who Build the Power Grid by Hand

The large transformers needed to power the AI boom are made partly by hand and take four to six weeks to build, leading to a yearslong wait list.

 

(END) Dow Jones Newswires

December 18, 2025 04:00 ET (09:00 GMT)

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