The Latest Breaking News from Oil

‘I’m the one in charge’: Trump dismisses Iraq comparisons and reveals what the US plans to do with Venezuela’s oil

At least he's honest about it.

We Got This Covered · Jan 6

Donald Trump Hints at US Taxpayer-Backed Oil Rebuilding in Venezuela — Who Benefits Most?

Donald Trump suggests US taxpayers could help reimburse oil firms rebuilding Venezuela's oil industry, sparking debate over costs, accountability and who truly benefits from the plan.

International Business Times UK · Jan 6

Dow, S&P 500 Rise to New Closing Highs: Stock Market Today

Will President Donald Trump match his Monroe Doctrine gambit with a new Marshall Plan for Venezuela?

Kiplinger · Jan 6

3 Energy Plays to Watch as the Sector Reacts to New Developments

Energy stocks surged on Monday as markets reacted to renewed focus on Venezuela’s oil industry and U.S. policy direction.

MarketBeat · Jan 6

Trump says US companies will invest billions in Venezuelan oil production. Experts aren’t so sure

Industry insiders say US oil companies want to ‘avoid getting screwed’ and will proceed with extreme caution

The Guardian - US · Jan 6

RAF spy plane flies over path of oil tanker pursued by America through Atlantic

The Marinera has been making its way north through the Atlantic, with media reports suggesting it had avoided a naval blockade of Venezuela.

Evening Standard · Jan 6

Cotton Extending Gains to Tuesday

Cotton futures are up 50 to 60 points so far on Tuesday, following the Monday strength. Crude oil futures were back down 42 cents per barrel at $57.90. The US dollar index is up $0.328 at $98.310. Export sale commitments for cotton have reached 6.5 million RB as of 12/25,...

Barchart · Jan 6

Soybeans Holding onto Midday Gains on Tuesday

Soybeans are showing 1 to 4 cent gains so far on Tuesday. There were another 533 deliveries against January soybeans issued overnight. The cmdtyView national average Cash Bean price is 2 1/4 cents higher at $9.90 1/2. Soymeal futures are 50 cents to $1 higher, with Soy Oil futures down...

Barchart · Jan 6

The ‘Donroe doctrine’: Maduro is the guinea pig for Donald Trump’s new world order

Shortly after US special forces captured and extracted Nicolás Maduro and his wife, Cilia Flores, on January 3, Donald Trump said that the US would now “run” Venezuela.

The Conversation · Jan 6

Crude Prices Slip on Dollar Strength and Energy Demand Concerns

February WTI crude oil (CLG26 ) today is down -0.24 (-0.41%), and February RBOB gasoline (RBG26 ) is up +0.0005 (+0.03%). Crude oil and gasoline prices are mixed today. Crude gave up an early advance and turned lower today as the dollar strengthened. Crude prices are also under pressure amid...

Barchart · Jan 6