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The Latest Breaking News from Oil

Trump's Greenland Play: Oil and Minerals the Real Prize for Bezos and Gates?

Trump's renewed focus on Greenland raises questions over oil and mineral wealth, with critics pointing to investor interests linked to Bezos and Gates as Arctic resources gain value.

International Business Times UK

Drivers kick off 2026 with lowest gas prices in nearly five years

“Crude oil prices remain relatively unchanged from the end of 2025 and unaffected amid questions about Venezuela’s impact on the oil market,” AAA said

The Independent UK

'What we call corruption': Harvard economist and former Venezuelan minister says Trump’s oil profit motives have no place in Venezuela's future

Ricardo Hausmann argued stable, democratic leadership in Venezuela can lead it back to economic prosperity.

Fortune

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Crude Oil Settles Sharply Higher as Iranian Protests Escalate

February WTI crude oil (CLG26 ) on Friday closed up +1.36 (+2.35%), and February RBOB gasoline (RBG26 ) closed up +0.0203 (+1.15%). Crude oil and gasoline prices rallied on Friday, posting 1-month highs. Rising tensions in Iran, the fourth-largest producer in OPEC, are supporting crude prices as protests against the...

Barchart

Cotton Slipping Lower on Friday

Cotton futures are trading with 5 to 10 point losses at midday. Crude oil futures are back up $1.42 per barrel at $59.18. The US dollar index is up $0.232 at $98.920. USDA’s Export Sales now has upland cotton export commitments at 6.598 million RB, which is down 15% from...

Barchart

Soybeans Trading with Gains at Midday

Soybeans are trading with 2 to 5 ¾ cent gains at midday. The cmdtyView national average Cash Bean price is 3 cents higher at $9.91. Soymeal futures are up 30 cents to $1.20 on Friday, with Soy Oil futures 30 to 40 points higher on the day. There were another...

Barchart

Some Sanctioned Vessels Seized By The U.S. Are In Such Poor Condition That They Can't Enter U.S. Ports: Report: 'Beyond Substandard'

Some sanctioned oil tankers seized by Washington forces as part of its blockade of Venezuela are in such poor condition that they can't enter the U.S., according to a new report.

Latin Times

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Bulletin world briefing: Iran blames Trump for protests and US seizes another Venezuelan tanker

Here are five of the biggest stories from around the world today US seizes fifth tanker as Trump tightens control of Venezuelan oil Iran signals crackdown on protesters as Trump is blamed for uprising Raging Patagonia wildfires force evacuation of thousands of tourists Honduras lawmaker injured in explosive attack during…

The Independent UK

Mining merger talks see FTSE 100 end week on high

The FTSE 100 index closed up 79.91 points, 0.8%, at 10,124.60.

Evening Standard

With Maduro gone and Venezuela’s oil cut off, Cuba is isolated and vulnerable

“And when he woke up, the oil was still there…”

The Conversation

US seizes another tanker trying to break Venezuela naval blockade

The Olina seized Friday is "another 'ghost fleet' tanker ship suspected of carrying embargoed oil," US Homeland Security Secretary Kristi Noem said.

Euronews

What lies ahead for Latin America after the Venezuela raid?

The Trump administration has justified the recent capture of Venezuelan leader Nicolás Maduro as a law enforcement operation to dismantle a “narco‑state”. It also claimed it would break Venezuela’s ties to China, Russia and Iran, and put the world’s largest known oil reserves back under US‑friendly control.

The Conversation

How markets have cashed in on Maduro’s capture in Venezuela – and why it’s raising questions

On January 3, the world watched in disbelief as the Venezuelan president, Nicolás Maduro, was captured by US forces. It was a dramatic geopolitical event that would reverberate not just in Washington and Caracas, but deep into global financial markets.

The Conversation

Crude Rallies as Iranian Protests Escalate

February WTI crude oil (CLG26 ) today is up +1.79 (+3.10%), and February RBOB gasoline (RBG26 ) is up +0.0352 (+2.00%). Crude oil and gasoline prices are up sharply today, posting 1-month highs. Rising tensions in Iran, the fourth-largest producer in OPEC, are supporting crude prices as protests against the...

Barchart

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news in one place.

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The Independent UK

Trump says major oil companies will invest $100B in Venezuela and promises them government security assistance

The U.S. government is attempting to take control of the Venezuelan oil industry

The Guardian - UK

High costs, falling returns: what could go wrong for Trump’s Venezuela oil gamble?

US faces big challenges in trying to unlock ‘tremendous wealth’ from Venezuela’s long-neglected oil industry

International Business Times UK

UK Vows Stronger Deterrence Against Moscow in North Atlantic After Aiding US in Russian Tanker's Seizure

Britain vows stronger deterrence against Russia after helping the US seize a sanctioned oil tanker, targeting Moscow's shadow fleet evading sanctions abroad.

The Conversation

George Washington’s foreign policy was built on respect for other nations and patient consideration of future burdens

Foreign policy is usually discussed as a matter of national interests – oil flows, borders, treaties, fleets. But there is a problem: “national interest” is an inherently ambiguous phrase. Although it is often presented as an expression of sheer force, its effectiveness ultimately rests on something softer – the manner…

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RideApart

2025 Honda CB1000 Hornet SP Owners, You Have A Recall For A Piston Issue

Problems with the specs on the pistons and piston rings could cause an oil starvation situation and a seized connecting rod bearing.

The Independent UK

Why boosting production of Venezuela's 'very dense, very sloppy' oil could harm the environment

Environmental experts warn that U.S. plans under President Donald Trump to restart and control Venezuelan oil exports could intensify pollution, greenhouse gas emissions and ecological damage in a country already burdened by decades of oil-related degradation

The Independent UK

The Latest: US military says its forces intercept another sanctioned oil tanker in the Caribbean

U.S. forces have boarded another oil tanker in the Caribbean Sea

The Independent UK

Trump meets with oil executives at the White House on Friday, seeking investments in Venezuela

President Donald Trump is meeting with oil executives at the White House on Friday

The Independent UK

US forces have intercepted another sanctioned oil tanker in the Caribbean Sea, US military says

The U.S. military says U.S. forces have boarded another oil tanker in the Caribbean Sea as the Trump administration continues to target sanctioned tankers traveling to and from Venezuela

The Independent UK

As Trump promises Venezuelan renaissance, locals struggle with crumbling economy

President Donald Trump says American intervention in Venezuela will bring billions of dollars of investment in the country's infrastructure, a revival of its once-thriving oil industry and a new age of prosperity for the Latin American country

GOBankingRates

Here’s How Trump’s Mission in Venezuela Could Impact Gas Prices

Trump’s bold move in Venezuela sparks many questions. For one, could U.S. gas prices rise or fall as oil politics shift? Here’s what some are predicting.

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