The Latest Breaking News from Oil

OPEC+ Holds Production Levels as Internal Crises Rattle Oil Markets

OPEC+ keeps oil production steady amid political crises and market uncertainty, prioritizing stability over immediate action.

International Business Times · Jan 5

Several Tankers Loaded With Venezuelan Crude Reportedly Left The Country Despite U.S. Blockade

Several tankers loaded with Venezuelan oil have left the country's waters with their transponders off despite the U.S. blockade, according to a new report.

Latin Times · Jan 5

Donald Trump Admits Oil Companies Knew About Venezuela Operation Before Congress

President Trump coordinated with US oil companies before and after the Venezuela operation, allowing them to plan reconstruction and manage the country's oil sector while Congress were uninformed.

International Business Times UK · Jan 5

Trump Warns Cuba 'Ready to Fall' After Maduro Capture, Will Collapse Without Venezuelan Oil

President Trump declares Cuba 'ready to fall' following the US military capture of Venezuelan President Nicolás Maduro in Caracas, warning that the island nation faces economic collapse without Venezuelan oil subsidies.

International Business Times UK · Jan 5

Trump warns India of higher tariffs over continued Russian oil imports

US president claims India took steps to reduce dependence on Russian energy supplies because ‘they wanted to make me happy, basically’

The Independent UK · Jan 5

Demand for defence stocks lifts FTSE as investors calm amid Venezuela turmoil

Investors appeared to react steadily to the political turbulence, with experts suggesting the impact to financial markets could be limited.

Evening Standard · Jan 5

Wall Street cheers the prospect of conflict in Venezuela and Greenland

Counterintuitively, the capture of Maduro will not have much of an effect on the price of oil—at least in the short term.

Fortune · Jan 5

Venezuela VP Accuses US of 'Oil Grab' After Maduro Seized in Shock Regime Change Strike

Delcy Rodriguez denounced US actions on state TV, claiming Washington seeks Venezuela's oil and natural resources through regime change.

International Business Times · Jan 5

Wall Street Targets Venezuela Oil And Infrastructure For Massive March Investment

Wall Street investment firms are exploring massive oil and infrastructure opportunities in Venezuela amid shifting sanctions and political developments.

International Business Times · Jan 5

5 Korean Skincare Ingredients That Make Skin Healthy and Youthful

Korean skincare products have been gaining popularity for the past few years. It mainly focuses on hydration, anti aging and long term health of the skin. There are specific skincare ingredients that Koreans have used traditionally for a long time and now they add it to their skin care products…

MyLifeXP · Jan 5