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The Latest Breaking News from Oil

UK Government told it ‘could have gone further’ on North Sea windfall tax

Patricia Ferguson, chair of the Scottish Affairs Committee, spoke out as the UK Government reaffirmed it would end the levy by 2030 at the latest.

Evening Standard

Soybeans Hold Gains into the Close on Bean Oil Strength

Soybeans posted 8 to 10 cent gains across most contracts on Thursday. The cmdtyView national average Cash Bean price was 10 3/4 cents higher at $9.82. Soymeal futures were down $2.20 to $5 at midday, as Soy Oil futures were rallying 122 to 199 points. USDA reported several private export...

Barchart

Cotton Faces Outside Pressure to Close Thursday with Weakness

Cotton futures closed the Thursday session with contracts down 22 to 28 points. Crude oil futures were down $2.74 per barrel at $59.28. The US dollar index was down $0.248 at $98.155. Export Sales data showed a total of 339,724 RB of upland cotton sold in the week ending on...

Barchart

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Crude Oil Prices Fall Sharply as Chances of a US Attack on Iran Ease

February WTI crude oil (CLG26 ) on Thursday closed down -2.83 (-4.56%), and February RBOB gasoline (RBG26 ) closed down -0.0466 (-2.55%). Crude oil and gasoline prices sold off sharply on Thursday as geopolitical risks in Iran temporarily eased. President Trump signaled he may hold off on attacking Iran for...

Barchart

Energy Commodities in Q4 and 2025- What are the Prospects for Q1 2026 and Beyond?

The composite of energy commodities moved lower in Q4 2025 and in the year that ended on December 31, 2025. While crude oil, oil products, crack spreads, and Chicago ethanol swaps declined, Rotterdam coal and U.S. natural gas futures prices increased in the fourth quarter.

Barchart

Soybeans Rallying on Bean Oil Strength, as EPA Looks to Finalize 2026 Quotas

Soybeans are trading with Thursday gains of 11 to 13 ¼ cent gains. There were 68 deliveries issued against January soybeans as they expired on Wednesday, with the total for the period at 3,397. The cmdtyView national average Cash Bean price is 13 1/4 cents higher at $9.84 1/2. Soymeal...

Barchart

Cotton Feeling Outside Pressure on Thursday

Cotton futures are back down 8 to 14 points at Thursday’s midday. Crude oil futures are down $2.97 per barrel at $59.05. The US dollar index was down $0.248 at $98.155. Export Sales data showed a total of 339,724 RB of upland cotton sold in the week ending on January...

Barchart

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Don’t Trade the Venezuela Headlines. Why We’re Skipping Oil Majors to Zero In on These Energy Stocks Instead.

Instead of names like Exxon and ConocoPhillips, check out downstream refiners and shipping stocks, says our top chart expert.

Barchart

Dark vessels: how Russia steers clear of Western sanctions with a shadow fleet

A shadow fleet of almost 1,000 ageing tankers – totalling 18.5 percent of global capacity – has been used since 2022 to dodge Western oil sanctions. These flag-hopping vessels with opaque ownership and frequent name changes ferry crude oil to Chinese "teapot" refineries from states including Russia, Venezuela and Iran.

Radio France Internationale

Trump is sending funds from Venezuela oil to a bank in Qatar: report

Senior officials claim Gulf state provides neutral location to store proceeds from which they can be moved safely and without risk of seizure

The Independent UK

US seizes sixth tanker with alleged ties to Venezuela in Trump's effort to control oil

Trump met with executives oil companies last week to discuss his goal of investing €86 billion in Venezuela to repair and upgrade its oil production and distribution.

Euronews

Crude Oil Prices Sink as Geopolitical Risks Ease in Iran

February WTI crude oil (CLG26 ) today is down -2.82 (-4.56%), and February RBOB gasoline (RBG26 ) is down -0.0506 (-2.76%). Crude oil and gasoline prices are falling sharply today as geopolitical risks in Iran subsided after President Trump signaled he may hold off on attacking Iran for now, after...

Barchart

5 Plants That Could Be Illegal to Grow in Your Backyard This Spring—Check Your State List

Spring gardening season brings a rush of excitement, glossy seed catalogs, and dreams of lush greenery taking over every empty patch of soil. But hidden among the innocent-looking plants at garden centers and online listings are botanical rebels that lawmakers would rather you never plant at all. Some of these…

Frugal Gardening

US military seizes Venezuela oil tanker under Trump sanctions

US Coast Guard and others boarded foreign-flagged crude carrier Veronica in a pre-dawn operation

The Guardian - US

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Latin Times

U.S. Seizes Yet Another Tanker 'Operating In Defiance Of President Trump's Established Quarantine'

The U.S. military seized yet another tanker it accused of "operating in defiance of President Trump's established quarantine of sanctioned vessels in the Caribbean."

The Independent UK

US forces seize another oil tanker in Carribean Sea – Kristi Noem says has ties to Venezuela

The Veronica marks the sixth tanker seized by US forces as part of the administration of Donald Trump’s drive to control Venezuela’s oil products

Latin Times

Venezuela Oil Security Under Trump May Fall On Private Contractors: 'SEALs, Green Berets and Ninjas'

The Trump administration is preparing to rely on private military contractors to protect oil and energy infrastructure in Venezuela instead of deploying U.S. troops, according to two sources familiar with the planning who spoke with CNN.

Barchart

As Trump Spats With Exxon CEO Darren Woods Over Venezuela, Should You Take a Risk and Buy XOM Stock?

Woods said Venezuela was uninvestable, prompting Trump to say that Exxon was being "too cute" and may not be involved in rebuilding the oil infrastructure in the country.

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Latin Times

Trump Admin Reportedly Preparing To Send Private Military Contractors To Venezuela To Protect Oil Assets

The Trump administration is considering sending private military contractors to Venezuela to guard energy assets in the South American country as it seeks to oversee its industry following the capture of authoritarian President Nicolas Maduro.

The Conversation

How is China viewing US actions in Venezuela – an affront, an opportunity or a blueprint?

China’s public response to the U.S. capture of Nicolás Maduro played out in a fairly predictable way, with condemnation of a “brazen” act of force against a sovereign nation and accusation of Washington acting like a “world judge.”

The Independent UK

Do not let US use Scottish airports to launch Greenland attack, Swinney urged

It comes after the American military used Wick Airport in an operation to seize a Venezuelan-linked oil tanker in the North Atlantic.

The Conversation

Before Venezuela’s oil, there were Guatemala’s bananas

In the aftermath of the U.S. military strike that seized Venezuelan President Nicolás Maduro on Jan. 3, 2026, the Trump administration has emphasized its desire for unfettered access to Venezuela’s oil more than conventional foreign policy objectives, such as combating drug trafficking or bolstering democracy and regional stability.

Barchart

Soybeans Ticking Higher on Thursday Morning

Soybeans are trading with fractional gains so far on Thursday morning. Futures settled Wednesday trade with contracts 3 to 7 ¼ cents higher in the front months, as some deferred were steady to slightly lower. Open interest was up 7,894 contracts on Wednesday. There were 68 deliveries issued against January...

Barchart

Cotton Falling Back on Thursday Morning

Cotton prices are back down 16 to 20 points on Thursday. Futures settled the Wednesday session with contracts ticking 5 to 11 points higher. Crude oil futures were down 10 cents per barrel at $61.05. The US dollar index was down $0.044 at $98.865. The January 13 online auction from...

MyLifeXP

How to Choose the Right Serum for Your Skin Concerns

Serums have become a popular product in modern skincare. They contain high concentrations of active ingredients that help in reducing certain skin problems. Many people wonder which type of serum they should use to fix their skin issues. Knowing which serum is the best for one’s skin can help achieve…

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