Oil - Irish Weekly https://irishweekly.com News that matter Sun, 12 Apr 2026 11:16:10 +0000 en-GB hourly 1 https://irishweekly.com/wp-content/uploads/2025/12/irish-weekly-logo-512x512-1-150x150.png Oil - Irish Weekly https://irishweekly.com 32 32 EU Energy Safe for Now — But Middle East Tensions Cast Long Shadow https://irishweekly.com/oil/eu-energy-safe-for-now-but-middle-east-tensions-cast-long-shadow/ Sun, 12 Apr 2026 11:16:10 +0000 https://irishweekly.com/?p=2026 EU energy supplies remain stable despite rising tensions in the Middle East, with no immediate risk to oil or gas flows. However, officials warn that prolonged disruption could expose vulnerabilities—particularly in fuel imports—leaving the bloc bracing for an uncertain energy future.

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]]> Oil Market Flooded as Global Supply Outpaces Demand https://irishweekly.com/oil/oil-market-flooded-as-global-supply-outpaces-demand/ Sun, 22 Feb 2026 19:03:13 +0000 https://irishweekly.com/?p=1606 Rising global production has pushed oil into oversupply, keeping prices low despite geopolitical tensions and reshaping the global energy balance.

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]]> Venezuela: It’s Not Just About Drugs—It’s About Our Gas Tanks https://irishweekly.com/venezuela/venezuela-its-not-just-about-drugs-its-about-our-gas-tanks/ Sun, 04 Jan 2026 17:19:51 +0000 https://irishweekly.com/?p=1088 Venezuela isn’t just about drugs. It’s about heavy oil—the thick crude U.S. refineries still need. Shale oil can’t replace it, and Venezuela’s massive reserves make it too important to ignore.

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