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The Latest Breaking News from Oil

Crude Prices Tumble on Prospects that Venezuelan Crude Will Continue to Flow

February WTI crude oil (CLG26 ) today is closed down -0.81 (-1.42%), and February RBOB gasoline (RBG26 ) is down -0.007 (-0.04%). Crude oil and gasoline prices are under pressure today, with crude falling to a 2-week low. Crude prices tumbled today after the US lifted sanctions on Venezuelan crude...

Barchart

Britain is now helping Trump play Big Man in the Atlantic with seizure of Russian-flagged oil tanker

COMMENT: The seizure of the oil tanker Marinera and Britain’s role in it is an embarrassing farce, writes world affairs editor Sam Kiley on the Venezuelan-Colombian border

The Independent UK

Ireland ‘monitoring’ situation with Venezuelan oil tanker – minister

Helen McEntee also said that she was ‘extremely concerned’ about the situation in Venezuela.

Evening Standard

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British armed forces were involved in US seizure of oil tanker, MoD reveals

The Russian-flagged oil tanker Marinera was seized by US forces on Wednesday.

Evening Standard

Venezuelan governance picture clears as Trump team turns hawkish on hemisphere - Roll Call

President Trump isn't interested in mundane governing matters in Venezuela, a source says, as White House officials turn to more hawkish goals

Roll Call

WW3 Fears Mount As US Military Captures Russian-Flagged Tanker Near UK Water

Global tensions surge as US forces mobilise to intercept a Russian-flagged tanker near Scotland, prompting Moscow to deploy naval defences and sparking fears of a third world war.

International Business Times UK

U.S. defies Moscow, seizes oil tanker despite Russian submarine escort

The vessel had "been trying to evade the Coast Guard for weeks, even changing its flag and painting a new name on the hull."

Axios

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Trump’s State of the Union to happen in February - Roll Call

President Donald Trump is expected to address Congress for his first official State of the Union Address of his second term sometime in February.

Roll Call

Donald Trump would like Americans to foot the bill for Big Oil’s takeover of Venezuela – his agenda first, America comes second

He keeps telling the truth, but we just won't listen.

We Got This Covered

This Is the Top-Rated Oil Stock to Buy Amid Venezuela Tumult

As geopolitical uncertainty clouds global oil supply, Cenovus Energy is standing out for its operational consistency, shareholder returns, and attractive valuation.

Barchart

Cuba Libre

Plus: Nvidia bootlickers, Yeltsin moments, Trump Tower anti-imperialism, and more...

Reason

Russian-flagged oil tanker trailed by US Coast Guard before banned Venezuelan ship seized in Atlantic

Video appears to show a US Coast Guard ship sailing close to the Marinera, an empty oil tanker that has been trying to evade a US blockade near Venezuela.

The Independent UK

Trump Secures Deal for 30-50 Million Barrels of Venezuelan Oil at Market Prices

Donald Trump announces a deal for the US to buy 30–50 million barrels of Venezuelan oil after Maduro's capture, rattling markets, cutting prices; Russia warns.

International Business Times UK

The Latest: US forces board Venezuela-linked sanctioned oil tanker in North Atlantic

U.S. forces have boarded a Venezuela-linked sanctioned oil tanker in the North Atlantic

The Independent UK

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GOBankingRates

I Asked ChatGPT How the Conflict With Venezuela Could Impact My Finances — Here’s What It Said

Could President Donald Trump’s moves in Venezuela shake oil markets and your wallet? Here’s what ChatGPT had to say about the potential financial fallout.

Evening Standard

US seizes Venezuela-linked oil tanker off British waters

American forces boarded the Marinera, a Russian-flagged vessel previously known as Bella-1, on Wednesday.

Euronews

What is the Monroe Doctrine that Trump invoked to justify the Maduro raid?

First articulated in 1823, the Monroe Doctrine was largely meant to stave off European colonial influence in the western hemisphere, but modern presidents have used it to justify military intervention in Latin America.

Latin Times

U.S. Reportedly Seizing Tanker Russia Wants To Protect With Naval Forces

The U.S. is attempting to seize a sanctioned oil tanker that Russia has been seeking to protect, even sending armed naval forces to that end, according to a new report.

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The Guardian - UK

The role one Caribbean country played in helping the US to depose Maduro

Support for US action in the region seems to have laid the ground for regime change in Venezuela

Evening Standard

No 10 refuses to comment as US reportedly seizing Venezuela-linked oil tanker

US forces are reportedly attempting to seize the Marinera, a Russian-flagged vessel previously known as Bella-1.

Euronews

US seizes two more sanctioned oil tankers with links to Venezuela, military says

The UK's Ministry of Defence confirmed that it had provided "enabling support" to the US during its operation to seize the tanker.

Evening Standard

US forces supported by RAF spy plane seize tanker linked to Venezuela

‘You can run, but you can’t hide,’ said US Homeland Security Secretary Kristi Noem after the storming of two tankers

Barchart

Cotton Pushing Gains to Wednesday AM Trade

Cotton price action is up 20 to 27 points so far on Wednesday morning. Futures followed the Monday strength with Tuesday gains of 40 to 45 points at the close. Crude oil futures were back down $1.35 per barrel at $56.97. The US dollar index was up $0.353 at $98.335....

The Conversation

What the US strike on Venezuela could mean for global oil prices

The capture of former Venezuelan president Nicolás Maduro by the US intelligence services and armed forces has resulted in a frenzy of speculation about its consequences. But there is no doubt that the events were closely linked to the oil riches of the country. While the political situation in Venezuela…

International Business Times UK

Far-Left Militias Tighten Grip on Caracas Streets Amid Fears of Imminent Civil War

Far-left colectivos seize Caracas after US capture of Nicolás Maduro, fuelling fears of civil war as abandoned military posts, repression, and warnings of coups grow.

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