We are leading company speciallize in trading of commodities such crude oil, derivates of petroleum, iron, gold, petcoke, urea, sulhpur and also chartering.
🤖 Una de las universidades más reconocidas de Finlandia tiene un curso online en español para aprender inteligencia artificial desde cero, incluso si nunca has programado.
La Universidad de Helsinki enseña desde los fundamentos de la IA hasta machine learning, redes neuronales y aplicaciones reales, con ejercicios prácticos y a tu propio ritmo.
Acceso al curso directo aquí: https://t.co/IHy22RyLPp
#InteligenciaArtificial #Curso #Gratis
Great read on #Venezuela oil deal by a true (not self-proclaimed) expert @pachecol: the (mention of) billions are eye-catching, but fundamentals not clear. NABEP has neither technical nor financial capacity. Deal unlikely to survive a legitimate government
https://t.co/wIGm9w4KgY
Today attended an event where it was announced the launch of the Venezuela Energy Council in Caracas. An initiative that seeks to be a space to promote debate and participation on energy issues of Venezuela. And it seeks to be the venezuelan chapter of the World Energy Council.
Anoche, junto a mi esposa Maribel, en la bendición del libro sobre Monseñor Del Prette, escrito por el padre Antonio Arocha. Nos correspondió la presentación de esta magnífica u sentida obra que el padre Arocha le regala a los carabobeños,en justo homenaje a Monseñor Del Prette.
🇺🇸🇻🇪🛢️ Major oil deals made by 2 US companies
Both Hunt Oil and Crossover energy have signed deals in important producing fields in Venezuela.
Those deals are greater than most people think, the involved fields are top notch quality.
For the geopolitics "experts" in Venezuela that think only has heavy crude oil (thank God that the good people in both Hunt and Crossover didn't hire them)
🛢️ Hunt Oil:
✅ Caro Field (Noth Monagas): Light crude oil, condensated and high quality natural gas.
✅ Campo Carisito (Monagas): Medium crude oil, requires EOR tech and flair harvesting.
✅ Bloque Aguasay (Monagas): both light and heavy crude oil.
🛢️ Crossover Energy:
✅ Campos de Anaco (Anzoategui): Natural Gas and associated, mature production, flare gas harvesting.
✅ Bloques en el Oriente (Monagas) Heavy and Extra Heavy Crude Oil close to the Orinoco Bell. Requires artificial Gas Lifting and ESP pumping.
✅ Campos del Occidente (Barinas): Mid crude oil. Requires severe workover.
#Venezuela is keen to sign production-sharing contracts and ramp up output from the world’s biggest crude reserves, Oil Minister Paula Henao told investors in Houston.
There are 916 areas in Venezuela available for exploration and production, Henao said at a conference on Wednesday. The country is known for its heavy oil but there are also opportunities in light and medium crudes as well as natural gas, she said.
“We need to reach these agreements in order to reach these new areas,” she said. “We have a whole world there to discover for you.”
#oott https://t.co/bT0bovO1PA
Venezuela signs agreements with Hunt Oil and SLB, oil minister says
Reuters News
Aug 18 (Reuters) - Venezuelan officials on Tuesday signed a production sharing contract for two onshore oil areas with U.S. producer Hunt Oil and an alliance with U.S. oil service firm SLB SLB.N
➡️ As Reuters mentions, the diesel market lost two major suppliers this year - the Middle East and Russia.
➡️ Russia is the larger: M. Eastern net exports of diesel fell ~0.5mmbpd February to May, while Russian exports dropped ~750kbd, from ~850kbd in 2025 to <100kbd following the July 8 export ban.
#oott
Middle Eastern oil producers, including Saudi Arabia and the UAE, have asked the Japanese government to participate in or support plans to expand oil pipelines to bypass the Strait of Hormuz, according to the chairman of one of Japan's largest refining companies.
5 delivery terms every oil trader needs to know 🛢️
🔸FOB: seller loads the cargo, risk transfers to the buyer once it is on board.
🔸CIF: seller pays freight and insurance all the way to the buyer's port.
🔸TTO: buyer takes ownership of product already sitting in the seller's tank.
🔸TTT: product moves directly from the seller's tank to the buyer's tank.
🔸TTV: product loads directly from tank into the buyer's vessel.
Every physical oil deal collapses into 1 of these 5 structures.
Aquí pueden leer mis comentarios sobre el Reglamento de la Ley Orgánica de Hidrocarburos y las resoluciones del régimen fiscal petrolero.
El nuevo marco regulatorio introduce algunas ventajas, pero, en balance, eleva las barreras regulatorias.
https://t.co/9cDJuhMKiV
The oil market says the war is ending. The Strait of Hormuz says it is not. One of them is wrong. And the wrong one is the one you can verify with your own eyes.
WTI crashed 11.2% to $84.16. Brent fell 10.6% to $88.51. The largest single-day reversal since 2022. Down from $119.50 intraday highs forty-eight hours earlier. The trigger: Trump told CBS the war is “very complete” and “ahead of our initial timeline.” The geopolitical risk premium evaporated in a single session. Traders closed longs. Algorithms chased momentum. The screen turned green. The market declared the crisis over.
Now open MarineTraffic.
Over 700 non-Iranian vessels remain queued or idling on both sides of the Strait. 334 crude tankers sitting in formation off Fujairah. Visible transits: 2 to 3 per day, down from 40. Approximately 30 ships attempted dark passage in the past week with transponders off. 1,650 vessels flagged for GPS manipulation on 7 March alone. The physical waterway that carries 20% of the world’s oil looks exactly the same today as it did yesterday when oil was thirty-five dollars higher.
Seven P&I clubs remain withdrawn. Zero have reinstated. War-risk premiums remain at 1 to 3% of hull value. The DFC’s $20 billion backstop has produced zero confirmed large-scale commercial VLCC transits. The Solvency II calculation that closed the Strait on 5 March has not changed because the inputs have not changed: 31 autonomous IRGC commands still hold independent firing authority, Wave 33 launched one-ton warheads this morning, Ghalibaf rejected ceasefire, Larijani threatened elimination, and the Supreme Leader is a cardboard cutout at his own rally.
Oil prices respond to words. The Strait responds to spreadsheets. Trump said the war is over. The spreadsheets say the incident density that governs reinsurance reinstatement is still rising.
The $35 collapse from $119 to $84 is not evidence of de-escalation. It is evidence that the market prices narrative faster than it prices reality. The narrative changed when Trump spoke. The reality did not change at all. The tankers did not move. The insurance did not reinstate. The 31 commands did not stand down. The Supreme Leader did not speak. The banks did not unfreeze. The fertilizer did not ship. India’s restaurants did not reopen. Pakistan’s fuel reserves did not refill.
The market is pricing words. The Strait is pricing incidents. The gap between the two is the temporal arbitrage this war has been producing since 5 March: the narrative moves in hours, the actuarial reality moves in months, and every trader who sold the dip on “war is over” rhetoric is betting that a cardboard Supreme Leader will override a dead man’s orders to 31 autonomous commands using a constitutional authority he has not demonstrated he possesses.
Brent at $88 with 700 tankers queued, zero insurance reinstated, and the most intense day of strikes still underway is not a price. It is a prayer.
The last time the market priced a quick war, it was March 2003. Baghdad fell in three weeks. Oil normalised in months. The difference: Saddam had a centralised command that collapsed. Iran has 31 commands that were designed to never collapse. The market is pricing the Iraq playbook against the Mosaic Doctrine. One of them is twenty years out of date.
Full analysis in the link.
https://t.co/eMrt5qYYst
Bonos venezolanos arrancan la semana al alza, en gran medida respondiendo a las importantes alzas en los precios del crudo.
Destaca la curva de @PDVSA.
#Venezuela's state-run oil company PDVSA said on Tuesday it signed oil supply contracts for exports to the United States. #oott https://t.co/A9WGK4JHJ9