The Latest Breaking News from Oil

Soybeans Trading with Gains at Midday

Soybeans are trading with 2 to 5 ¾ cent gains at midday. The cmdtyView national average Cash Bean price is 3 cents higher at $9.91. Soymeal futures are up 30 cents to $1.20 on Friday, with Soy Oil futures 30 to 40 points higher on the day. There were another...

Barchart · Jan 9

Some Sanctioned Vessels Seized By The U.S. Are In Such Poor Condition That They Can't Enter U.S. Ports: Report: 'Beyond Substandard'

Some sanctioned oil tankers seized by Washington forces as part of its blockade of Venezuela are in such poor condition that they can't enter the U.S., according to a new report.

Latin Times · Jan 9

Bulletin world briefing: Iran blames Trump for protests and US seizes another Venezuelan tanker

Here are five of the biggest stories from around the world today US seizes fifth tanker as Trump tightens control of Venezuelan oil Iran signals crackdown on protesters as Trump is blamed for uprising Raging Patagonia wildfires force evacuation of thousands of tourists Honduras lawmaker injured in explosive attack during…

The Independent UK · Jan 9

How markets have cashed in on Maduro’s capture in Venezuela – and why it’s raising questions

On January 3, the world watched in disbelief as the Venezuelan president, Nicolás Maduro, was captured by US forces. It was a dramatic geopolitical event that would reverberate not just in Washington and Caracas, but deep into global financial markets.

The Conversation · Jan 9

Crude Rallies as Iranian Protests Escalate

February WTI crude oil (CLG26 ) today is up +1.79 (+3.10%), and February RBOB gasoline (RBG26 ) is up +0.0352 (+2.00%). Crude oil and gasoline prices are up sharply today, posting 1-month highs. Rising tensions in Iran, the fourth-largest producer in OPEC, are supporting crude prices as protests against the...

Barchart · Jan 9

Trump says major oil companies will invest $100B in Venezuela and promises them government security assistance

The U.S. government is attempting to take control of the Venezuelan oil industry

The Independent UK · Jan 9

High costs, falling returns: what could go wrong for Trump’s Venezuela oil gamble?

US faces big challenges in trying to unlock ‘tremendous wealth’ from Venezuela’s long-neglected oil industry

The Guardian - UK · Jan 9

UK Vows Stronger Deterrence Against Moscow in North Atlantic After Aiding US in Russian Tanker's Seizure

Britain vows stronger deterrence against Russia after helping the US seize a sanctioned oil tanker, targeting Moscow's shadow fleet evading sanctions abroad.

International Business Times UK · Jan 9

George Washington’s foreign policy was built on respect for other nations and patient consideration of future burdens

Foreign policy is usually discussed as a matter of national interests – oil flows, borders, treaties, fleets. But there is a problem: “national interest” is an inherently ambiguous phrase. Although it is often presented as an expression of sheer force, its effectiveness ultimately rests on something softer – the manner…

The Conversation · Jan 9

2025 Honda CB1000 Hornet SP Owners, You Have A Recall For A Piston Issue

Problems with the specs on the pistons and piston rings could cause an oil starvation situation and a seized connecting rod bearing.

RideApart · Jan 9