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The Latest Breaking News from Oil

Dramatic moment US troops storm oil tanker as Venezuela accuses Trump administration of 'piracy'

‘We've just seized a tanker on the coast of Venezuela, large tanker, very large, largest one ever, actually, and other things are happening,’ says US President Donald Trump

Evening Standard

This Might Be the Chicest Thing You Could Put on Your Coffee Table Right Now —This Brand's Essential Oil Burner Looks Like It's Out of a Chemistry Lab

Cool chrome stand, beaker-style base, and a box of the brand's iconic fragrances, too? Count me in. This ripple+ launch might just be the coolest yet

Livingetc

Trump news at a glance: Seizure of oil tanker marks new level of tensions between US and Venezuela

Trump also said Colombia’s president ‘will be next’ as he announced major escalation in US pressure on Nicolás Maduro

The Guardian - US

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Trump says the US has seized an oil tanker off the coast of Venezuela

President Donald Trump says the United States has seized an oil tanker off the coast of Venezuela as tensions mount with the government of President Nicolás Maduro

The Independent UK

Soybeans Post Gains, as NASS Confirms Record October Crush

Soybeans were 1 to 4 cents higher across most contracts on Wednesday. The cmdtyView national average Cash Bean price was 4 1/4 cents lower at $10.21 3/4. Soymeal futures ere steady to $3.10 in the red, with Soy Oil futures 7 to 11 points higher. USDA reported private export sales...

Barchart

Cotton Closes with Midweek Gains

Cotton futures closed the Wednesday session with contracts up 25 to 30 points in the front months. Crude oil futures were up 71 cents per barrel at the close at $58.96, with the US dollar index $0.578 lower to $98.620. Commitment of Traders data for the week ending on November...

Barchart

Video shows moment US seizes Venezuelan oil tanker, Trump administration says

The Trump administration has released video of what it says is the seizure of an oil tanker off the coast of Venezuela following months of US military buildup around the region.

The Independent UK

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The MAHA Administration Bails Out Big Seed Oil

The Trump administration continues a long tradition of subsidizing the things it tells Americans to eat less of.

Reason

Crude Oil Prices Recover as US Seizes a Tanker Off the Coast of Venezuela

January WTI crude oil (CLF26 ) on Wednesday closed up +0.21 (+0.36%), and January RBOB gasoline (RBF26 ) closed down -0.0082 (-0.46%). Crude oil and gasoline prices extended this week's losses on Wednesday, with crude posting a 2-week low and gasoline slumping to a 4.75-year nearest-futures low. However, crude oil...

Barchart

Trump escalates Venezuela standoff with oil tanker seizure

"I told the idiots to seize ships a while ago instead of killing flunkies."

Axios

Venezuela decries ‘act of piracy’ after US forces seize oil tanker off country’s coast

Footage uploaded to X by US attorney general shows its forces landing on the tanker in major escalation of Trump’s pressure campaign

The Guardian - UK

Venezuela calls Trump admin’s seizure of tanker ‘an act of international piracy’ and claims it’s being targeted for oil

The president boasted it was the ‘largest’ tanker ever seized after attorney general posted footage to social media

The Independent UK

U.S. Seizes Sanctioned Oil Tanker Off Venezuelan Coast, Increasing Pressure On Maduro Regime: Report

U.S. forces have seized a sanctioned oil tanker off the coast of Venezuela, yet another escalation in the pressure campaign against the Maduro regime, according to a new report.

Latin Times

Companies offer $279 million for Gulf of Mexico drilling rights in first of 30 planned oil sales

Oil companies have offered $279 million for drilling rights in the Gulf of Mexico in the first offshore lease sale in the region since 2023

The Independent UK

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Barchart

Soybean Bulls Battling Back at Wednesday’s Midday

Soybeans are back to higher trade on Wednesday, with contracts up 1 to 3 1/2 cents. The cmdtyView national average Cash Bean price is 3 1/4 cents lower at $10.20 1/4. Soymeal futures are steady to $1.10 in the red, with Soy Oil futures 10 to 46 points higher. There...

Barchart

Cotton Gains Holding at Midday

Cotton futures are up 15 to 20 points at midday. Crude oil futures are down 17 cents per barrel at $58.08 on the day, with the US dollar index $0.278 lower to $98.920. Commitment of Traders data for the week ending on November 4 showed specs trimming 10,311 contracts from...

Barchart

Crude Oil Prices Weakens on Oversupply Concerns

January WTI crude oil (CLF26 ) today is down -0.48 (-0.82%), and January RBOB gasoline (RBF26 ) closed down -0.0239 (-1.34%). Crude oil and gasoline prices extended this week's losses today, with crude posting a 2-week low and gasoline slumping to a 4.75-year nearest-futures low. Crude prices are falling on...

Bored Panda

I Lived In A Greek Village For Six Months, And Here’s What I Learned

Greek hospitality made my standards for kindness impossible to meet anywhere else.

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Barchart

How Is Coterra Energy's Stock Performance Compared to Other Oil & Gas E&P Stocks?

Despite Coterra Energy’s underperformance compared to its industry peers over the past year, Wall Street analysts remain bullish about the stock’s prospects.

Frugal Gardening

12 Garden Maintenance Chores for December That Avoid Spring Stress

Winter may have arrived, but your garden doesn’t have to hibernate completely. December is the perfect time to roll up your sleeves and tackle small but crucial chores that will make your spring planting smoother, healthier, and far less stressful. Even in the cold, there are tasks you can do…

Barchart

Cotton Starting Wednesday with Strength

Cotton price action is up 18 to 25 points so far on Wednesday. Futures posted Tuesday gains of 10 to 19 points at the close, as contracts held up despite a mildly bearish USDA report. Crude oil futures were down 49 cents per barrel at $58.39 on the day, with...

Clever Dude

Your Engine Feels The Cold Before You Do

Winter mornings can be brutal. You might sip your coffee and slowly peel yourself out of bed, wrapping yourself in layers of sweaters and scarves, thinking that’s the hardest part of your day. But your car has been working longer than you have, shivering in the driveway, silently struggling with…

Clever Dude

10 Auto Parts That Become Fragile In Freezing Conditions

Winter can turn your morning commute into a mini survival challenge. Frosty roads, ice-coated windshields, and bone-chilling temperatures make driving feel like a test of endurance. But what’s often overlooked is how freezing conditions can sneakily sabotage your car’s components, leaving you stranded or dealing with expensive repairs.

The Independent UK

Escalation in Yemen threatens to reignite civil war and create wider tensions in Gulf region

A separatist group has seized control of an oil-rich region in southern Yemen, threatening to reignite the country's civil war

The Guardian - UK

Look behind the pomp of Putin’s New Delhi visit. The India-Russia relationship has weakened

Modi voiced words of respect, but he is resisting an anti-western, anti-Ukraine stance, despite the foreign policy contradictions, says Chietigj Bajpaee, a senior fellow at Chatham House

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