The Latest Breaking News from Oil

Donald Trump suddenly interrupts meeting to stare at ‘beautiful ballroom’

This is the moment Donald Trump suddenly interrupts his meeting with oil company executives to stare at the White House’s “beautiful ballroom”.

The Independent UK · Jan 10

Big oil takes one look at Donald Trump’s promised $100B Venezuela oil boom and calls it ‘uninvestible’

Our president did his best to keep them distracted from the truth. But oh well.

We Got This Covered · Jan 10

Here’s How Trump’s Mission in Venezuela Could Impact Retirees

President Trump's mission in Venezuela will have major ramifications that it will affect retirees since the move is projected to boost the oil supply.

GOBankingRates · Jan 10

Trump's Venezuelan oil rush is doomed

One industry expert said Trump's oil dreams are less about economic prudence and more about distracting the public

Salon · Jan 10

Oil Entrepreneur Harry Sargeant Emerges as Key Figure in U.S. Talks on Venezuela Energy: Report

Oil entrepreneur and Republican donor Harry Sargeant III has emerged as a central figure advising the Trump administration on how to facilitate the return of oil companies to Venezuela.

Latin Times · Jan 10

What's on the economic horizon: The Standard's Business Editor Jonathan Prynn on the year ahead

A survey of finance chiefs from accounting firm Deloitte found “geopolitical risk” ranked the number one concern among major UK businesses

Evening Standard · Jan 10

A battered Cuba braces for aftershocks as US seizures of oil tankers linked to Venezuela surge

As U.S. seizures of oil tankers linked to Venezuela surge, so do concerns in Cuba about whether the island’s government and economy will survive

The Independent UK · Jan 10

Trump news at a glance: president pitches oil companies on major extractions in Venezuela

‘We’re going to be extracting numbers in terms of oil like few people have seen,’ Trump said Friday

The Guardian - US · Jan 10

Colombia's Petro Says U.S. Will 'Seek Wars' as Long as Its Economy Depends on Oil and Coal

Colombian President Gustavo Petro said the United States will continue to pursue military conflicts abroad as long as its economy remains heavily dependent on fossil fuels.

Latin Times · Jan 10

Trump pushes for $100 billion in oil investments in Venezuela while Exxon and others say it’s currently ‘uninvestable’ without major reforms

Oil giants tell Trump they need stability and considerable legal and political reforms before investing big in Venezuela.

Fortune · Jan 10