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The Latest Breaking News from Oil

Crude Prices Falter as President Trump Dials Down Rhetoric on Iran

March WTI crude oil (CLH26 ) on Friday closed down -0.21 (-0.32%), and March RBOB gasoline (RBH26 ) closed up +0.0069 (+0.36%). Crude oil prices gave up an early advance and turned lower after President Trump ratcheted down the war rhetoric over Iran and said he had overnight discussions with...

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Exxon and Chevron decline new spending in Venezuela while taking a wait-and-see approach for the years ahead

Exxon Mobil maintains long-term interest in Venezuela despite Trump’s threat to keep the company out, while Chevron aims to hike its Venezuelan volumes without any additional capital influx.

Fortune

'Punitive': Venezuela slams US tariffs on countries supplying oil to Cuba

The Times of India

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Soybeans Falling on Friday

Soybeans are trading with 10 to 11 point losses in the front months on Friday. The cmdtyView national average Cash Bean price is 2 3/4 cents lower at $10.05. Soymeal futures are $3 to $3.30 lower, with Soy Oil futures 60 points lower. USDA Export Sales data for from Thursday...

Barchart

Cotton Facing Outside Pressure on Friday

Cotton futures are down 34 to 51 points at midday. Crude oil futures were up $0.85 per barrel on the day at $64.57. The US dollar index was back up $0.718 to $96.855. Cotton export commitments are 7.553 million RB as of 1/22, down 13% from a year ago. That...

Barchart

Mexico president says Trump tariffs on Cuba’s oil suppliers could trigger humanitarian crisis

Island country only has oil enough to last 15-20 days, and 12-hour blackouts have become commonplace

The Guardian - US

Anger and anguish spread across Cuba as it learns of Trump's tariff threat on those who provide oil

Massive power outages in Cuba mean that many people are unaware that U.S. President Donald Trump has threatened to impose tariffs on any country that sells or supplies oil to the Caribbean island

The Independent UK

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Nikki Haley's son spreads India hatred on X, says 'they have a cheap government'

Amid teeming anti-India hatred on social media, Nikki Haley's son Nalin Haley said India had not been a good ally to America. Accusing India of sending cheap labor to the US while buying oil from Iran and weapons from Russia, Indian-origin Nalin Haley said India has a "cheap government". Then…

The Times of India

Cubans scramble to survive as US vise on island tightens in push to oust government

Cubans are hustling to become more self-sufficient as the U.S. government tightens its economic noose over the communist-run island in a move experts say is meant to force a popular uprising and usher in a new government

The Independent UK

Iran Tensions Underpin Crude Prices

March WTI crude oil (CLH26 ) today is up +0.45 (+0.69%), and March RBOB gasoline (RBH26 ) is up +0.0193 (+1.00%). Crude oil and gasoline prices are moving higher today, but remain below Thursday's highs. Geopolitical risks in the Middle East are underpinning crude prices after President Trump warned Iran...

Barchart

Is Wall Street Bullish or Bearish on Occidental Petroleum Stock?

Occidental Petroleum has underperformed the broader market over the past year, and analysts remain cautious about the stock’s prospects.

Barchart

Italy leads in Azerbaijani energy imports, as SOFAZ reports strong 2025 results

SOFAZ reports strong 2025 results as Italy continues to lead European imports of Azerbaijani oil and gas, underpinned by stable production and key pipelines.

Euronews

What impact will last year’s oil price slump have on Shell’s earnings?

Shell is set to report a 21% drop in full-year underlying earnings to 18.79 billion US dollars (£13.66 billion), according to most analysts.

Evening Standard

Soybeans Extending Pullback to Friday Morning

Soybeans are down 6 to 7 cents so far on Friday morning. Futures reverted from the early gains on Thursday with contracts closing 1 to 3 cents lower. Open interest was up 7,608 contracts on Thursday, with some exiting March (-5,634) and others seeing rising OI. The cmdtyView national average...

Barchart

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Cotton Falling to Kick Off Friday Trade

Cotton prices are down 22 to 28 points so far on Friday. Futures posted weakness on Thursday with contracts closing down 9 to 25 points. Crude oil futures were up $2.28 per barrel on the day at $65.49. The US dollar index was back down $0.264 to $96.010. Export Sales...

The Guardian - UK

Repurposing Scotland’s industrial past into a sustainable future

Fifty years on from its early pioneering role in manufacturing platforms for the oil industry, Kishorn Port, on Scotland’s Atlantic coast, is expanding to build the vast structures needed for wind power

The Texas Tribune

Texas comptroller primary: Who is running and what to know

The Texas Comptroller of Public Accounts is the state’s chief financial officer. Here’s a look at who’s running in the 2026 primary and where they stand.

Ideal Home

I’ve tried both oil-filled radiators and electric heaters — this is how they really differ, and why one will be more suitable for you than the other

They're both portable and powered by electricity, but that's where the similarities end

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MyLifeXP

5 Best Facial Oils for Every Skin Problem and Skin Type

Skin problems have become a common issue among many people these days. Pollution, climate change and weather can contribute to problems like acne, dullness, pigmentation and many more. However facial oiling is a skin care ritual that can help in tackling them. Face oiling has been used by women of…

The Times of India

Smells like separatism: Oil-rich Alberta slipping from Thwadda Canada to America?

TOI correspondent from Washington: Canada is finding out the hard way why New Delhi is so tetchy about Khalistani capers in “Kannedda.” A growing separatist movement in the country’s oil-rich province of Alberta has ignited a full-blown diplomatic spat with Washington at a time when ties between the United States…

The Guardian - US

Trump threatens tariffs on goods from countries that sell oil to Cuba

White House cites Cuba’s ties to hostile powers as order ratchets up Trump’s pressure to topple its government

The Times of India

Trump signs executive order to impose tariffs on countries supplying oil to Cuba

President Trump signed an executive order allowing new tariffs on countries selling oil to Cuba, intensifying US pressure on the Cuban government. Mexican President Claudia Sheinbaum stated her country has temporarily halted oil shipments to Cuba, asserting it was a sovereign decision independent of US influence.

The Guardian - UK

Venezuela approves bill to open oil sector to foreign investment after US pressure

Law will give private companies more control but experts unsure whether changes go far enough for US

Barchart

Cotton Closes Weaker on Thursday

Cotton futures posted weakness on Thursday with contracts closing down 9 to 25 points. Crude oil futures were up $2.28 per barrel on the day at $65.49. The US dollar index was back down $0.264 to $96.010. Export Sales data showed 203,666 RB of cotton sold in the week ending...

Barchart

Soybeans Fall Back on Thursday

Soybeans reverted from the early gains on Thursday with contracts closing 1 to 3 cents lower. The cmdtyView national average Cash Bean price is 2 3/4 cents lower at $10.05. Soymeal futures were $0.60 to $1.80 lower, with Soy Oil futures 21 to 28 points lower. USDA released Export Sales...

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