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The Latest Breaking News from Oil

Crude Oil Prices Sink as Geopolitical Risks Ease in Iran

February WTI crude oil (CLG26 ) today is down -2.82 (-4.56%), and February RBOB gasoline (RBG26 ) is down -0.0506 (-2.76%). Crude oil and gasoline prices are falling sharply today as geopolitical risks in Iran subsided after President Trump signaled he may hold off on attacking Iran for now, after...

Barchart

5 Plants That Could Be Illegal to Grow in Your Backyard This Spring—Check Your State List

Spring gardening season brings a rush of excitement, glossy seed catalogs, and dreams of lush greenery taking over every empty patch of soil. But hidden among the innocent-looking plants at garden centers and online listings are botanical rebels that lawmakers would rather you never plant at all. Some of these…

Frugal Gardening

US military seizes Venezuela oil tanker under Trump sanctions

US Coast Guard and others boarded foreign-flagged crude carrier Veronica in a pre-dawn operation

The Guardian - US

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U.S. Seizes Yet Another Tanker 'Operating In Defiance Of President Trump's Established Quarantine'

The U.S. military seized yet another tanker it accused of "operating in defiance of President Trump's established quarantine of sanctioned vessels in the Caribbean."

Latin Times

US forces seize another oil tanker in Carribean Sea – Kristi Noem says has ties to Venezuela

The Veronica marks the sixth tanker seized by US forces as part of the administration of Donald Trump’s drive to control Venezuela’s oil products

The Independent UK

Venezuela Oil Security Under Trump May Fall On Private Contractors: 'SEALs, Green Berets and Ninjas'

The Trump administration is preparing to rely on private military contractors to protect oil and energy infrastructure in Venezuela instead of deploying U.S. troops, according to two sources familiar with the planning who spoke with CNN.

Latin Times

As Trump Spats With Exxon CEO Darren Woods Over Venezuela, Should You Take a Risk and Buy XOM Stock?

Woods said Venezuela was uninvestable, prompting Trump to say that Exxon was being "too cute" and may not be involved in rebuilding the oil infrastructure in the country.

Barchart

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Trump Admin Reportedly Preparing To Send Private Military Contractors To Venezuela To Protect Oil Assets

The Trump administration is considering sending private military contractors to Venezuela to guard energy assets in the South American country as it seeks to oversee its industry following the capture of authoritarian President Nicolas Maduro.

Latin Times

How is China viewing US actions in Venezuela – an affront, an opportunity or a blueprint?

China’s public response to the U.S. capture of Nicolás Maduro played out in a fairly predictable way, with condemnation of a “brazen” act of force against a sovereign nation and accusation of Washington acting like a “world judge.”

The Conversation

Do not let US use Scottish airports to launch Greenland attack, Swinney urged

It comes after the American military used Wick Airport in an operation to seize a Venezuelan-linked oil tanker in the North Atlantic.

The Independent UK

Before Venezuela’s oil, there were Guatemala’s bananas

In the aftermath of the U.S. military strike that seized Venezuelan President Nicolás Maduro on Jan. 3, 2026, the Trump administration has emphasized its desire for unfettered access to Venezuela’s oil more than conventional foreign policy objectives, such as combating drug trafficking or bolstering democracy and regional stability.

The Conversation

Soybeans Ticking Higher on Thursday Morning

Soybeans are trading with fractional gains so far on Thursday morning. Futures settled Wednesday trade with contracts 3 to 7 ¼ cents higher in the front months, as some deferred were steady to slightly lower. Open interest was up 7,894 contracts on Wednesday. There were 68 deliveries issued against January...

Barchart

Cotton Falling Back on Thursday Morning

Cotton prices are back down 16 to 20 points on Thursday. Futures settled the Wednesday session with contracts ticking 5 to 11 points higher. Crude oil futures were down 10 cents per barrel at $61.05. The US dollar index was down $0.044 at $98.865. The January 13 online auction from...

Barchart

Bathroom confidential: Inside the calming sanctums of London's top hair and beauty experts

London’s beauty gurus have put some serious thought into designing their bathrooms. We take a tour with Alex Brownsell, Charlotte Mensah and Sam McKnight

Evening Standard

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The Independent UK

Asian shares are mostly lower and oil sinks $2 after Trump says Iran stopped killings

Asian shares are mostly lower after Wall Street retreated on Big Tech losses

The Independent UK

Ukraine-Russia war latest: Zelensky hits back after Trump blames him for holding up peace talks

Putin's relentless attacks show Russia is not interested in peace, Zelensky says

Barchart

Cotton Ends Wednesday with Slight Gains

Cotton futures settled the Wednesday session with contracts ticking 5 to 11 points higher. Crude oil futures were down 10 cents per barrel at $61.05. The US dollar index was down $0.044 at $98.865. The January 13 online auction from The Seam showed sales of 60.08 cents/lb on 14,042 bales....

Barchart

Soybeans Close Wednesday with Gains

Soybeans settled Wednesday trade with contracts 3 to 7 ¼ cents higher in the front months, as some deferred were steady to slightly lower. January expired today. The cmdtyView national average Cash Bean price was 4 cents higher at $9.70 1/2. Soymeal futures were up 80 cents to $1.20 to...

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The Independent UK

Moment two ships explode in huge fireball after deadly collision in North Sea caught on CCTV

CCTV footage of a cargo ship crashing into an oil tanker in the North Sea last year, causing a deadly explosion, has been released by police.

Barchart

Geopolitical Risk Pushes Crude Oil Prices Higher

February WTI crude oil (CLG26 ) on Wednesday closed up +0.87 (+1.42%), and February RBOB gasoline (RBG26 ) closed up +0.0039 (+0.21%). Crude oil and gasoline prices extended this week's sharp rally today, with crude climbing to a 2.5-month high and gasoline posting a 5-week high. Fears of an escalation...

Barchart

Soybeans Posting Midday Gains

Soybeans are up 6 to 10 cents across the front months on Wednesday. January expires today. The cmdtyView national average Cash Bean price is 6 3/4 cents lower at $9.73. Soymeal futures are up 50 to 80 cents at midday, as Soy Oil futures are down 2 to 5 points....

Barchart

Cotton Showing Steady Trade on Wednesday

Cotton futures are down 2 to 5 points in the front months on Wednesday, fading some early strength. Crude oil futures are up another 50 cents per barrel at $61.65. The US dollar index is down $0.049 at $98.860. The January 13 online auction from The Seam showed sales of...

Clever Dude

Mechanics Warn: This “Fuel-Saving Trick” Is Quietly Destroying Engines in Cold States

In cold states like Michigan, Minnesota, and upstate New York, a so-called “fuel-saving trick” is wreaking havoc on engines. During the time that I worked as a mechanic, I saw everything. As more people became concerned with fuel consumption, I saw more and more drivers neglect to warm up their…

Barchart

Fears of Iran Escalation Lift Crude Oil Prices

February WTI crude oil (CLG26 ) today is up +0.35 (+0.57%), and February RBOB gasoline (RBG26 ) is down -0.0066 (-0.36%). Crude oil and gasoline prices are mixed today, with crude climbing to a 2.5-month high. Fears of an escalation in tensions in Iran, which could disrupt crude supplies from...

The Independent UK

Ship captain in deadly crash ‘waited’ before trying to avoid oil tanker

Russian national Vladimir Motin, 59, was on sole watch duty when his vessel, the Solong, collided with the anchored Stena Immaculate

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