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The Latest Breaking News from Oil

"Quite a buffet": U.S. ready to seize more tankers with Venezuelan oil

Impounding more tankers would threaten to further impoverish Venezuela as Trump tries to force Maduro to leave office.

Axios

How Is APA's Stock Performance Compared to Other Oil & Gas Stocks?

Energy major APA has notably outperformed other oil & gas exploration and production stocks over the past year, yet analysts remain cautious about the stock’s prospects.

Barchart

Festive fare: Europeans are having to dig deep to pay for this year's Christmas feast

Euronews took a quick sleigh ride around Europe to see what bills countries are facing to put on the traditional festive banquet.

Euronews

From analysis to the latest developments in health,
read the most diverse news in one place.

Italian-inspired Christmas recipes for when it’s too early for the big dinner

Not quite ready for a full Christmas dinner? This month’s festive-leaning Budget Bites brings Italian comfort food with seasonal flavour, using shared ingredients to keep costs down and washing up to a minimum

The Independent UK

Libya looks to its past to build a new future as national museum reopens

It is hoped the institution can help foster new bonds in a fractured nation, but such optimism will be a stretch for some

The Guardian - UK

Should Libertarians Support Federal AI Regulation?

Plus: reclassifying marijuana as a Schedule III drug, mass shootings at Bondi Beach and Brown University, and the U.S. seizes a Venezuelan oil tanker

Reason

Private satellites pinpoint methane emissions from oil, gas and coal facilities worldwide

Using high-resolution observations from the GHGSat satellite constellation, researchers have produced the first global, facility-level estimate of methane emissions from the energy sector.

Space

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Cotton Holds on for Monday Gains

Cotton futures were up 10 to 16 points in the front months at the Monday close. Crude oil futures were 79 cents lower per barrel at $56.65, with the US dollar index $0.093 lower to $98.300. CFTC data indicated spec funds increasing their net short position by 3,756 contracts to...

Barchart

Soybeans Continue Slide on Monday Despite Another Chinese Purchase

Soybeans closed Monday with losses of 4 to 5 cents, as the market continues to sell the fact as the Chinese purchases come through. The cmdtyView national average Cash Bean price was 4 ½ cents lower at $10.01. Soymeal futures were up 70 cents to $1.10, with Soy Oil futures...

Barchart

Energy Demand Concerns Undercut Crude Oil Prices

January WTI crude oil (CLF26 ) on Monday closed down -0.62 (-1.08%), and January RBOB gasoline (RBF26 ) closed down -0.0198 (-1.13%). Crude oil and gasoline prices were under pressure on Monday, with crude oil falling to a 1.75-month low and gasoline posting a 4.75-year nearest-futures low. Concerns about global...

Barchart

Venezuela accuses Trinidad and Tobago of taking part in US seizure of oil tanker

Maduro regime accuses Caribbean nation of participating in ‘theft of Venezuelan oil’ as tensions mount in region

The Guardian - UK

Royal Oil Manufacturing Celebrates 15th Anniversary Marking a Legacy of Natural and Handmade Beauty Goods

The company offers handcrafted natural oils, scrubs, soaps, tattoo-care products, and room sprays in dozens of floral, herbal, citrus, sweet, and earthy fragrances, which Young notes have resonated with clients' preferences.

International Business Times

Sugar Prices Pressured as India Boosts Sugar Production and Crude Oil Declines

March NY world sugar #11 (SBH26 ) on Monday closed down -0.15 (-0.99%), and March London ICE white sugar #5 (SWH26 ) closed down -3.00 (-0.70%). Sugar prices settled lower on Monday due to higher Indian sugar output and a slide in crude oil prices. The India Sugar Mill Association...

Barchart

A day at the races: How Venezuelans find joy despite familiar political turmoil

Silk Eyes races past Mr. Thunder at the top of the stretch, thrilling the crowd at a racetrack in Venezuela’s capital

The Independent UK

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Barchart

Cotton Holding onto Monday Gains

Cotton futures are showing slight 15 to 17 point gains across most contracts on Monday’s midday. Crude oil futures are 80 cents lower per barrel at $56.69, with the US dollar index $0.074 to $98.320. Export Sales data from this morning showed 148,396 RB in cotton sales for the week...

Barchart

Soybeans Trading with Monday Weakness

Soybeans are trading with Monday midday losses of 5 to 7 cents. The cmdtyView national average Cash Bean price was 6 cents lower at $10.00 1/2. Soymeal futures are up 90 cent to $1.20, with Soy Oil futures are trading with 68 point gains at midday. USDA reported a private...

Barchart

Sugar Prices Decline on Higher Indian Production and Weakness in Crude

March NY world sugar #11 (SBH26 ) today is down -0.16 (-1.06%), and March London ICE white sugar #5 (SWH26 ) is down -3.20 (-0.75%). Sugar prices are falling today amid higher Indian sugar output and a slide in crude oil prices. The India Sugar Mill Association (ISMA) reported today...

Barchart

Crude Prices Fall on Signs of Weak Chinese Energy Demand

January WTI crude oil (CLF26 ) today is down -0.84 (-1.46%), and January RBOB gasoline (RBF26 ) is down -0.0234 (-1.34%). Crude oil and gasoline prices are under pressure today, with crude oil falling to a 1.75-month low and gasoline posting a 4.75-year nearest-futures low. Concerns about global energy demand...

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Latin Times

Venezuela's Oil Exports Plummet After U.S. Seizes Tanker Off Its Coast, Report Claims

Venezuela's oil exports have plummeted after the U.S. seized a tanker off the country's coast, according to a new report.

Latin Times

Venezuelan Regime Accuses U.S. Of Conducting Cyber Attack Against Its State-Run Oil Company: 'Trying To Affect National Stability'

The Maduro regime is accusing the U.S. of conducting a cyber attack against its state-run oil company, PDVSA, claiming its part of a broader plan to take the country's oil.

The Independent UK

EU targets Russia's shadow fleet with new sanctions, hitting businessmen and companies

The European Union has imposed sanctions on five businessmen linked to Russian oil companies Lukoil and Rosneft

Texas Observer

Peering Into the Rio Grande Valley’s Fossil Fuel Future

As deep South Texas prepares for its first gas export facility, communities along the Gulf Coast offer cautionary tales.

The Independent UK

Pork scratchings factory gutted by ‘devastating’ fire ahead of Christmas

Blaze involved large quantity of cooking oil and took over 14 hours to put out

Barchart

Cotton Rallying Early on Monday

Cotton prices are up 45 to 50 points on Monday morning. Futures closed the Friday session with contracts down 10 to 15 points across most front months, as March was down 10 points on the week. Crude oil futures were down 9 cents per barrel at $57.51, with the US...

The Guardian - US

Trump’s approach to Venezuela repeats the mistakes of the past

Congress must work to stop the president from leading us further into a South American quagmire

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