The Latest Breaking News from Oil

Crude Oil Prices Supported by Geopolitical Tensions

January WTI crude oil (CLF26 ) on Thursday closed up +0.21 (+0.38%), and January RBOB gasoline (RBF26 ) closed up +0.0070 (+0.41%). Crude oil and gasoline prices settled higher on Thursday amid heightened geopolitical risks in Venezuela and Russia. Also, Thursday's sharp rally in stocks boosted optimism about the economic...

Barchart · Dec 18, 2025

12 Cold-Weather Car Issues Spiking Across The Country

Winter doesn’t knock politely—it kicks the door in, steals your warmth, and dares your car to survive the night. One day, everything runs smoothly, and the next morning, your dashboard lights up like a holiday display of bad news. Cold weather has a ruthless way of exposing weaknesses you didn’t…

Clever Dude · Dec 18, 2025

China Condemns U.S. 'Bullying' Over Venezuela Oil Blockade, Makes No Aid Commitments

China criticized what it described as "unilateral bullying" of Venezuela after the United States ordered a blockade of sanctioned oil tankers entering and leaving the South American country.

Latin Times · Dec 18, 2025

One year after a deadly train wreck, a West Texas town awaits help to avoid more tragedy

As oil and gas industry traffic continues to speed through Pecos, TxDOT said it is working to find $194 million to build an alternative route away from the heart of the city.

The Texas Tribune · Dec 18, 2025

Geopolitical Tensions Support Crude Oil Prices

January WTI crude oil (CLF26 ) today is up +0.57 (+1.02%), and January RBOB gasoline (RBF26 ) is up +0.0134 (+0.79%). Crude oil and gasoline prices are rising today amid heightened geopolitical risks in Venezuela and Russia. Also, today's sharp rally in stocks boosts optimism about the economic outlook, which...

Barchart · Dec 18, 2025

Maduro Says Venezuela Will Continue Trading Oil Despite U.S. Blockade, Claims Trump Won't Achieve Regime Change

Venezuela's authoritarian President Nicolas Maduro said the country will continue trading oil despite the U.S.'s recent blockade of sanctioned tankers, adding that President Donald Trump won't achieve his goal of regime change.

Latin Times · Dec 18, 2025

Trump says Venezuela is ‘completely surrounded’ — then demands its oil, land, and assets

This is not about drugs, it's about oil.

We Got This Covered · Dec 18, 2025

'They took all of our oil not that long ago. And we want it back': Trump demands Venezuela return seized assets

U.S. oil companies dominated Venezuela's petroleum industry until the the 1970s and then under Nicolás Maduro and his predecessor, Hugo Chávez.

Fortune · Dec 18, 2025

Russia Cautions U.S. About Making a 'Fatal Mistake' In Military Campaign Against Venezuela

Venezuela cautioned the U.S. about making a "fatal mistake" in its military campaign against Venezuela, adding that its recent decision to impose a blockade on sanctioned oil tankers "pose a threat to international shipping."

Latin Times · Dec 18, 2025

Cotton Showing Thursday AM Losses

Cotton prices action is down 10 to 15 points early on Thursday. Futures closed the Wednesday session with contracts up 20 to 33 points on the day. Crude oil futures were $1.63 per barrel higher at $56.90. The US dollar index was $0.201 higher to $97.995. Spec traders in cotton...

Barchart · Dec 18, 2025