The Latest Breaking News from Oil

Leaked Documents Reveal Venezuela Funneled Oil Revenues Into Iran's Nuclear Program: Report

Leaked documents reviewed by Spain's ABC describe a long-running financial and logistical partnership in which Venezuela allegedly redirected billions of dollars in oil revenues and state funds to Iran, helping sustain Tehran's nuclear program

Latin Times · Dec 16, 2025

Sugar Prices Undercut by Weakness in Crude Oil

March NY world sugar #11 (SBH26 ) today is down -0.03 (-0.20%), and March London ICE white sugar #5 (SWH26 ) is down -1.40 (-0.33%). Sugar prices are under pressure today from a slump in crude oil prices. WTI crude (CLF26 ) sank to a 4.75-year low today, which undercuts...

Barchart · Dec 16, 2025

FTSE 100 dips as BP and Shell fall amid oil slide

Figures from the ONS showed the unemployment rate rose to 5.1% in the three months to October, up from 5% in the three months to September.

Evening Standard · Dec 16, 2025

U.S. Could Move Into Venezuelan Waters To Seize More Tankers, Report Claims

U.S. forces could go into Venezuelan waters to seize more oil tankers, according to a new report.

Latin Times · Dec 16, 2025

Cotton Slipping Back to Start Tuesday Trade

Cotton prices are down 10 to 13 points early on Tuesday. Futures were up 10 to 16 points in the front months at the Monday close. Crude oil futures were 79 cents lower per barrel at $56.65, with the US dollar index $0.093 lower to $98.300. CFTC data indicated spec...

Barchart · Dec 16, 2025

Trump has not endorsed Venezuela regime change as Wiles stresses ‘blowing boats up’ - Roll Call

President Trump has not clearly called for regime change in Venezuela as Chief of Staff Susie Wiles says he's in an anti-war mood this term.

Roll Call · Dec 16, 2025

9 best cleansing balms to remove make-up and nourish skin, tried and tested

Melt the day away, without stripping or drying out skin

The Independent UK · Dec 16, 2025

"Quite a buffet": U.S. ready to seize more tankers with Venezuelan oil

Impounding more tankers would threaten to further impoverish Venezuela as Trump tries to force Maduro to leave office.

Axios · Dec 16, 2025

How Is APA's Stock Performance Compared to Other Oil & Gas Stocks?

Energy major APA has notably outperformed other oil & gas exploration and production stocks over the past year, yet analysts remain cautious about the stock’s prospects.

Barchart · Dec 16, 2025

Festive fare: Europeans are having to dig deep to pay for this year's Christmas feast

Euronews took a quick sleigh ride around Europe to see what bills countries are facing to put on the traditional festive banquet.

Euronews · Dec 16, 2025