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The Latest Breaking News from Oil

Trump on seized Venezuelan oil: "We're gonna keep it"

Trump's policy furthers accusations that his pressure campaign on Venezuela's leader Nicolás Maduro amounts to oil-grabbing piracy.

Axios

Aberdeen MSP sends P45 to Starmer over predicted loss of oil and gas jobs

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Evening Standard

Cotton Slips Lower into Monday’s Close

Cotton futures were weaker on Monday, with contracts closing 1 to 14 points lower. Crude oil futures are $1.43 per barrel higher at $57.95. The US dollar index was back down $0.317 to $97.935. USDA’s Export Sales report indicated a total of 153,266 RB of cotton sold in the week...

Barchart

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Soybeans See Monday Strength

Soybeans posted Monday gains of 4 to 5 ½ cents as bulls were in a jollier mood to start the holiday week. The cmdtyView national average Cash Bean price was 4 1/4 cents higher at $9.83 3/4. Soymeal futures were 50 cents to $1 higher on Monday. Soy Oil futures...

Barchart

Crude Oil Prices Higher on Oil Tanker Disruptions

January WTI crude oil (CLF26) on Monday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0340 (+1.99%). Crude oil on Monday rallied on geopolitical risks in Venezuela and Ukraine-Russia. Other bullish factors included the weaker dollar and the stronger stock market. Crude prices had carry-over support from...

Barchart

Soybeans Higher at Midday

Soybeans are showing 2 to 4 cent gains across most contracts on Monday. The cmdtyView national average Cash Bean price is 2 3/4 cents higher at $9.81 1/2. Soymeal futures are showing firmer trade on Monday, with slight gains. Soy Oil futures are back up 50 to 58 points, with...

Barchart

Cotton Steady at Monday’s Midday

Cotton futures are posting 3 to 5 point gains at midday, with March down 3 points. Crude oil futures are $1.30 per barrel higher at $57.84. The US dollar index is back down $0.312 at midday to $97.94. USDA’s Export Sales report indicated a total of 153,266 RB of cotton...

Barchart

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Analysts Say U.S. Seizures Of Tankers Could Force Maduro to Make 'Big Concessions', Laud it as 'A Really Smart Move'

Analysts say the Trump administration's decision to seize oil tankers carrying Venezuelan crude could place meaningful pressure on Nicolás Maduro by targeting the regime's main source of revenue.

Latin Times

Venezuela Says Iran Offered Cooperation 'In All Areas' After U.S. Seizures Of Oil Tankers

Venezuela said Iran has offered broad cooperation following the latest U.S. seizures of oil tankers linked to Venezuelan crude as tensions escalate over Washington's enforcement of sanctions and maritime interdictions in the Caribbean.

Latin Times

10 Cold‑Weather Car Expenses Seniors Forget to Anticipate

Winter is one of the toughest seasons for cars, and many seniors are surprised by how quickly cold‑weather expenses add up. Retirees who drive less...

Saving Advice

Crude Oil Prices Higher on Venezuelan and Ukraine-Russia Risks

January WTI crude oil (CLF26 ) today is up +0.51 (+0.91%), and January RBOB gasoline (RBF26 ) is up +0.0309 (+1.81%). Crude oil is higher today on continued geopolitical risks in Venezuela and Ukraine-Russia. Also, today's higher trading in the US stock market is supportive of the outlook for the...

Barchart

Gold glows but blue chips struggle in quiet trading

The FTSE 100 index closed down 31.45 points, 0.3%, at 9,865.97.

Evening Standard

Ukraine hits Russian oil terminal, jets and ships in wave of strikes

Meanwhile, Russia continued its strikes on Ukraine, firing scores of drones at Ukrainian energy infrastructure overnight and attacking targets in Ukraine's Donbas.

Euronews

8 Auto Habits Guys Ignore Until It Becomes Expensive

Engines roar, dashboards glow, and confidence runs high when the car starts every morning, which is exactly why so many small automotive sins get ignored.

Clever Dude

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Woman & Home

How to make your house smell good – 13 easy ways to make any room smell amazing

From scented candles and homemade firelighters to cooking seasonal ingredients

Fortune

Chaos, cheap money, and a collapse in crypto send gold to new record high

With two live armed conflicts over oil, weakness in the dollar, and Bitcoin off the menu for anxious investors, gold is the beneficiary, analysts said in emails sent to Fortune.

The Guardian - UK

Fatberg weighing 100 tonnes discovered in east London sewer

Mass of congealed fat, oil and grease 100 metres in length found blocking sewers in Whitechapel area of capital

The Guardian - UK

UK drivers being overcharged as fuel prices fail to track oil market, watchdog finds

CMA rejects retailers’ claims on operating costs, saying weak competition is not passing on lower wholesale prices

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The Independent UK

Ukraine strikes oil terminal, planes and ships in an array of strikes inside Russia

Ukrainian forces say they have hit an oil terminal, a pipeline, two parked jet fighters, and two ships in a series of strikes on Russian soil

Reason

Oil Tanker Seized

Plus: What's up with consumer spending, that CECOT segment, and more...

International Business Times

Rand Paul Slams Slams Trump Admin's Seizure Of Tankers Off Venezuela: 'A Provocation And a Prelude To War'

Republican Sen. Rand Paul slammed the seizure of tankers off Venezuela, saying he is against the moves and calling them a "provocation and a prelude to war."

Barchart

Cotton Trading with Monday Morning Strength

Cotton prices are up 14 to 25 points on Monday. Futures closed the Friday session with contracts 20 to 25 points on the day, as March slipped back 8 points on the week. Crude oil futures were 55 cents per barrel higher at $56.55. The US dollar index was $0.292...

Latin Times

China Condemns U.S. Seizures Of Tankers Near Venezuela: 'Serious Violation Of International Law'

The Chinese Foreign Ministry on Monday condemned the seizure of a tanker off the Venezuelan coast that was headed to the Asian country as Washington further escalates pressure on the Maduro regime.

The Guardian - US

Trump’s shuttering of the National Center for Atmospheric Research is Stalinist

This is the latest in the relentless purge of climate researchers who refuse to be co-opted by the fossil fuel industry

Reason

MAHA Republicans Are Imposing New Food Labeling Mandates

New Louisiana and Texas laws will require businesses to disclose the use of seed oils, certain dyes, and many other ingredients.

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