The Latest Breaking News from Oil

Venezuela's oil output in the Orinoco Belt, its richest source in the country, has plummeted since the U.S. began enforcing a blockade of sanctioned tankers in December, according to a new report.

Americans are increasingly turning to courts to hold big oil accountable. Here are major trends that emerged last year

Swap chicken for beans and avoid cheeze … From a MasterChef finalist to a maker of ready meals, high-profile vegans give their favourite recipes and tips

From gut health and fibre to flavour and affordability, beans quietly became one of last year’s most talked-about ingredients – and they’re not going anywhere. As Veganuary approaches and post-Christmas heaviness lingers, these five comforting, plant-based bean recipes show why pulses deserve a permanent place on your plate

Zelensky says is ‘10 per cent’ away from deal to end war with Russia but not ‘at any cost’

Cotton futures posted losses of 2 to 5 points across most contracts as the market closed out 2025. Crude oil futures were down 54 cents per barrel at $57.41. The US dollar index was up $0.040 at $97.995. Futures will be closed on Thursday for New Years Day. CFTC released...

Soybeans fell to pressure on the New Years Eve session, with contracts down 13 to 16 cents at the close. There were 1,062 deliveries issued against January beans on FND. The cmdtyView national average Cash Bean price as 15 ¼ cents lower at $9.64 3/4. Soymeal futures were $1.50 to...

The U.S. has imposed sanctions on four firms in Venezuela's oil sector and designated four additional oil tankers as blocked property

That "warranty" sure worked out well.