The Latest Breaking News from Oil

Soybeans Back in Rally Mode on Wednesday

Soybeans are trading with gains of 12 to 13 cents in the nearbys on Wednesday. The cmdtyView national average Cash Bean price is 12 3/4 cents higher at $9.95 1/4. Soymeal futures are $5.70 to $7 higher at midday, with Soy Oil futures slightly higher. There were 88 deliveries issued...

Barchart · Jan 7

The 3 Best Oil and Gas Stocks to Buy for 2026

Amid shifting geopolitics and a choppy oil market, these three dividend-paying oil and gas stocks could be compelling long-term buys in 2026.

Barchart · Jan 7

Democrats decry Venezuela attack as Republicans defend Trump after Senate briefing

Top Trump officials brief 100 US senators on weekend raid while defending military operation and US president

The Guardian - US · Jan 7

10 Mechanical Warning Signs Drivers Should Act On Immediately

When I was still working in automotive shops, there were a ton of issues I’d see that could have been avoided if the driver had only acted sooner. Most mechanical problems won’t just disappear on their own. In fact, as time goes on, they usually get worse and more expensive.…

Clever Dude · Jan 7

Reflagged by Russia, spied on by UK, seized by US: why so much interest in a rusty tanker in the Atlantic?

The ship is alleged to be part of a shadow fleet dodging western sanctions. It had no oil onboard – but was it carrying Russian weapons?

The Guardian - UK · Jan 7

Russia Deploys Warships to Protect Oil Tanker from US Pursuit, Escalating Fears of Major Conflict

Russia sends warships and a submarine to escort a sanctioned oil tanker evading US pursuit in the North Atlantic, raising fears of confrontation.

International Business Times UK · Jan 7

Crude Prices Tumble on Prospects that Venezuelan Crude Will Continue to Flow

February WTI crude oil (CLG26 ) today is closed down -0.81 (-1.42%), and February RBOB gasoline (RBG26 ) is down -0.007 (-0.04%). Crude oil and gasoline prices are under pressure today, with crude falling to a 2-week low. Crude prices tumbled today after the US lifted sanctions on Venezuelan crude...

Barchart · Jan 7

Britain is now helping Trump play Big Man in the Atlantic with seizure of Russian-flagged oil tanker

COMMENT: The seizure of the oil tanker Marinera and Britain’s role in it is an embarrassing farce, writes world affairs editor Sam Kiley on the Venezuelan-Colombian border

The Independent UK · Jan 7

Ireland ‘monitoring’ situation with Venezuelan oil tanker – minister

Helen McEntee also said that she was ‘extremely concerned’ about the situation in Venezuela.

Evening Standard · Jan 7

British armed forces were involved in US seizure of oil tanker, MoD reveals

The Russian-flagged oil tanker Marinera was seized by US forces on Wednesday.

Evening Standard · Jan 7