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The Latest Breaking News from Oil

Soybeans Close with Marginally Mixed Trade

Soybeans settled Thursday with slightly mixed action. The cmdtyView national average Cash Bean price was steady at $9.94. Soymeal futures were up 60 cents to $4.80/ton, with Soy Oil futures 11 to 23 points lower. USDA reported a private export sale of 192,350 MT of soybeans to unknown destinations this...

Barchart

Royal Navy boat helps French seize Russian ‘shadow fleet’ tanker in the Mediterranean

Defence Secretary John Healey vowed to ‘choke off funds’ that fuel Vladimir Putin’s illegal invasion of Ukraine

Evening Standard

Venezuela opens debate on an oil sector overhaul as Trump seeks role for US firms

Venezuela’s legislature is debating a major overhaul of its oil sector, the first since Hugo Chávez's era

The Independent UK

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Crude Prices Sink as Geopolitical Risks Ease and US Supplies Increase

March WTI crude oil (CLH26 ) on Thursday closed down -1.26 (-2.08%), and March RBOB gasoline (RBH26 ) closed down -0.0408 (-2.17%). Crude oil and gasoline prices sold off sharply on Thursday after Ukrainian President Zelenskiy signaled progress in peace talks on ending the war with Russia. Losses in crude...

Barchart

Trump administration sets deadline to overthrow Cuban regime, officials say they’re confident it can happen

Venezuela was the first domino to fall.

We Got This Covered

Cotton Falling Back on Thursday

Cotton futures are trading with 35 to 40 point losses at midday. Crude oil futures are down $1.43 per barrel at $60.67. The US dollar index is down $0.418 to $98.145. The Tuesday online auction from The Seam showed sales of 59.15 cents/lb on 17,692 bales. The Cotlook A Index...

Barchart

Republican Rep. Says He Expects Claudia Sheinbaum To Face 'Consequences' For Sending Oil To The Cuban Regime

Republican Rep. Carlos Gimenez said he expects Mexican President Claudia Sheinbaum to face "consequences" for sending oil to the Cuban regime, helping its weather its worst economic crisis in the almost 70 years since the Communist revolution.

Latin Times

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French navy intercepts suspected Russian ‘shadow fleet’ tanker in Mediterranean

Emmanuel Macron says the oil tanker was boarded and searched ‘subject to international sanctions’

The Guardian - UK

Crude Prices Tumble on Ukraine Peace Hopes and Surging US Oil Supplies

March WTI crude oil (CLH26 ) today is down -1.19 (-1.96%), and March RBOB gasoline (RBH26 ) is down -0.0412 (-2.19%). Crude oil and gasoline prices are sliding today after Ukrainian President Zelenskiy signaled progress in peace talks on ending the war with Russia. Losses in crude oil and gasoline...

Barchart

French navy intercepts sanctioned Russian tanker in Mediterranean

France intercepted a Russian oil tanker in the Mediterranean Sea on Thursday in a joint operation with allies targeting Moscow’s so-called shadow fleet, which enables Russia to export oil despite sanctions imposed following its 2022 full-scale invasion of Ukraine.

Radio France Internationale

‘A Fraudulent Scheme’: New Mexico Sues Texas Oil Companies for Walking Away From Their Leaking Wells

New Mexico’s lawsuit accuses three Texas oil executives of pocketing revenue from oil and gas wells and offloading cleanup costs to the public. An investigation in 2024 by ProPublica and Capital & Main uncovered some of these business dealings.

Capital & Main

I loved this Body Shop scent in the 90s and it has finally returned – here’s my review

The Body Shop’s dewberry collection is back – does the nostalgic scent stand the test of time?

The Independent UK

A small oil company polluted Midland’s water reserve. The cleanup has dragged on for years.

Cleaning up oilfield pollution in arid West Texas is costly and complicated. The bankruptcy process allows companies to move on while the public pays the price.

The Texas Tribune

France's Navy intercepts an oil tanker in the Mediterranean sailing from Russia

Officials say that France’s Navy, working with intelligence provided by the United Kingdom, intercepted an oil tanker in the Mediterranean Sea that traveled from Russia, in a mission targeting the sanctioned Russian shadow fleet

The Independent UK

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Euronews

France's Navy intercepts sanctioned oil tanker in the Mediterranean sailing from Russia

French maritime authorities for the Mediterranean said the ship, the Grinch, is suspected of operating with a false flag.

The Guardian - UK

The best cold-weather beauty products under £50 (mostly): 24 skin, hair and body essentials for winter

Central heating and chilly temperatures playing havoc? Our beauty expert shares her go-to fixes to hydrate and repair

International Business Times

U.S. Won't Provide Security To Oil Companies Planning To Operate In Venezuela: 'They're Well Versed In Those Challenges'

The U.S. won't provide security guarantees to companies that plan to operate in Venezuela, Energy Secretary Chris Wright said.

The Independent UK

Daring CIA ops, a nasty scar and White House ties: Lawsuit claims a ‘fake spy’ wove epic fantasy to steal a $350M oil firm

Exclusive: Gaurav Srivastava “is not a CIA operative and never has been,” an attorney for sanctioned Dutch oil trader Niels Troost told The Independent. “He’s not even a U.S. citizen. He’s simply a fraud.”

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news in one place.

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The Independent UK

Tinned fish has had a makeover. Here are the 12 best, taste-tested by a food writer

From tinned mackerel to tuna and anchovies – these artisanal offerings are anything but basic

Euronews

What would happen if Iran returned to the global trade order?

Picture Iran rejoining the global system after decades of sanctions — banks back on SWIFT, oil exports restored, capital returning.

MyLifeXP

Are These 5 Changes on Your Face Early Signs of Fatty Liver?

Fatty liver disease is rising quickly in India and doctors now describe it as a silent danger. In early stages, the liver often shows no pain, so many people remain unaware of the problem. Medical experts explain from clinical experience that liver stress can appear on the face first. Changes…

The Independent UK

Video: US seizes 7th Venezuela-linked oil tanker

The Trump administration has released a video of a Venezuela-linked tanker which the US military apprehended on Tuesday (20 January), the seventh such incident of its kind.

The Independent UK

Trump aiming for regime change in Cuba by end of year after Venezuela raid: report

Administration reportedly seeking government insiders able to ‘see the writing on the wall’ and prepared to strike a deal to remove Havana’s Communist rulers

Marie Claire

This is the Real Damage That Nail Biting Causes—and How to Repair It

It’s time to kick the habit

Euronews

Oil vs. rare earths: Which will shape the global economy’s future?

Oil shaped the last century, but rare earths may shape the next. As economies electrify and AI expands, control over critical materials is becoming a new source of global power.

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