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The Latest Breaking News from Oil

US hands Gulf the world’s most powerful AI chips: Clears exports to UAE and Saudi Arabia

America is now sending advanced computer chips to the United Arab Emirates and Saudi Arabia. This move supports their big plans for artificial intelligence. These nations are becoming key players in global technology. This partnership strengthens US influence and helps Gulf countries diversify their economies beyond oil. It marks a…

The Times of India

Rubio grilled on whereabouts of $200m from sale of Venezuelan oil

Senator Jeanne Shaheen pressed Marco Rubio over the fate of $200m from the sale of Venezuelan oil on Wednesday, 28 January.

The Independent UK

Cotton Pulls Off Early Gains to Close Mixed

Cotton futures saw mixed trade on Wednesday, with contracts 10 points lower to 14 points higher in the nearbys. Crude oil futures were up $1.10 per barrel on the day at $63.49. The US dollar index was back up $0.144 after yesterday’s collapse to $96.195. The Tuesday online auction from...

Barchart

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Soybean Rally into Wednesday’s Close

Soybeans got some strength on Wednesday from spillover in soybean meal, as contracts were 7 to 8 ½ cents higher. The cmdtyView national average Cash Bean price was 9 1/4 cents higher at $10.08 3/4. Soymeal futures are $3.40 to $3.70 higher, with Soy Oil futures 10 to 13 points...

Barchart

Donald Trump was too distracted playing emperor. Meanwhile, the EU and India just sealed a deal he never saw coming

Of late, Donald Trump has been trying too hard to live upto his dictator title by proposing to annex one country after another. In the first week of January, Trump’s military, under his orders, effectively abducted Venezuelan President Nicolás Maduro on narcoterrorism charges. Following this, he has sometimes subtly and…

The Mary Sue

Crude Prices Supported by Iran Tensions

March WTI crude oil (CLH26 ) on Wednesday closed up +0.82 (+1.31%), and March RBOB gasoline (RBH26 ) closed up +0.0215 (+1.14%). Crude oil and gasoline prices settled sharply higher on Wednesday, with crude oil climbing to a 4-month high and gasoline climbing to a 2-month high. Crude prices jumped...

Barchart

Winter drilling program in Alaska petroleum preserve can proceed, judge rules

A federal judge has refused to block a winter oil and gas exploration project in the National Petroleum Reserve-Alaska that opponents said was improperly analyzed by the federal government

The Independent UK

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Ex-Nigerian oil minister on bribery charges 'spent £2million in Harrods shopping sprees'

Diezani Alison-Madueke, 65, faces claims she lived ‘a life of luxury’ in the UK due to bribes taken over Government contracts in Nigeria

Evening Standard

Rubio details how the Trump administration will control Venezuela's oil money

The United States will allow Venezuela to sell oil that's currently under American sanctions and use the proceeds to pay for basic government services

The Independent UK

Fossil fuels are doomed – and Trump can’t save them

The past three years have been the world’s hottest on record. In 2025, Earth was 1.44°C warmer than the long-term average, perilously close to breaching the Paris Agreement goal of 1.5°C.

The Conversation

Soybean Rally Holding on Wednesday

Soybeans are posting 8 to 9 cent gains across the front months on Wednesday, pulling off the early morning gains. The cmdtyView national average Cash Bean price is 8 1/4 cents higher at $10.07 3/4. Soymeal futures are $4.30 to $4.60 higher, with Soy Oil futures 23 points lower. USDA...

Barchart

Cotton Posting Midday Wednesday Gains

Cotton futures are up 10 to 30 points so far at midday. Crude oil futures are up $0.40 per barrel on the day at $62.79. The US dollar index is back up $0.284 after yesterday’s collapse to $96.330. The Tuesday online auction from The Seam showed sales of 56.06 cents/lb...

Barchart

Marco Rubio walks back US military action in Venezuela after threatening force ‘to ensure maximum cooperation’

Secretary of state says US military not ‘postured’ for action as he defends Trump’s intervention to topple Maduro regime

The Independent UK

FTSE 100 falls and oil price rises after Trump’s warning to Iran

Evening Standard

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The Guardian - US

Rubio declines to rule out further US military action in Venezuela at Senate hearing

Secretary of state says administration does not intend to take such action but Trump ‘does reserve the option’

Barchart

Crude Prices Rally on Iran Tensions

March WTI crude oil (CLH26 ) today is up +0.62 (+0.99%), and March RBOB gasoline (RBH26 ) is up +0.0068 (+0.36%). Crude oil and gasoline prices are moving higher today, with crude oil climbing to a 4-month high and gasoline climbing to a 2-month high. Crude prices jumped today after...

Euronews

Fresh oil dollars won’t fix Venezuela’s economy, says former minister

Hausmann warned that recent injections of dollars from oil sales do not solve structural economic problems under a “hyper-repressive” regime.

Latin Times

Trump Claims 'Cuba Will Be Failing Pretty Soon' As Economic Crisis Deepens Further

President Donald Trump said "Cuba will be failing pretty soon" as a result of its continued economic collapse, exacerbated by the U.S.'s influence over Venezuela following the capture of Nicolas Maduro.

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news in one place.

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Barchart

Cotton Extending Higher on Wednesday

Cotton price action is up 45 to 50 points on Wednesday morning. Futures bounced back on the Tuesday session, with contracts up 71 to 86 points across the front months. Crude oil futures were up $1.96 per barrel on the day at $62.56. The US dollar index was down another...

We Got This Covered

Trump admin tells Congress it’s ‘ready to use force’ in Venezuela if interim president doesn’t deliver ‘agreed’ 50 million barrels of oil

A geopolitical shakedown.

The Guardian - UK

How to convert kitchen scraps into an infused oil – recipe

All those odds and ends of chillies, garlic skins and rind can be used to flavour oil for dunking, dipping and marinating

Latin Times

Marco Rubio Says Trump Admin Is Ready To Use Force To 'Ensure Maximum Cooperation' From Regime In Venezuela

Secretary of State Marco Rubio is set to say that the Trump administration is ready to "use force" to ensure that Venezuela's interim regime cooperates with its intent to oversee the country's oil industry.

MyLifeXP

Craving Street Food? These 3 Healthy Snacks Are the Answer

Everyone loves to eat street food. But most of the time it is not the healthiest. It is made in oil and butter that makes weight gain faster. However one can try the following recipes to study their craving for street food. These recipes are easy to prepare, use simple…

MyLifeXP

Scratchy Throat Every Morning? Which Home Remedy Works Best

Waking up with a sore, dry, or scratchy throat is becoming increasingly common in cities with heavy air pollution. Dust, allergens, and chemical pollutants irritate the throat overnight, especially when windows are open or indoor air is dry. This irritation can cause discomfort, cough, and difficulty swallowing in the morning.…

GOBankingRates

5 Chef-Approved Aldi Grocery Items That Beat Inflation

Here are five Aldi grocery items that beat inflation.

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