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The Latest Breaking News from Oil

Trump blindsides Rubio by reading note out loud in front of oil executives

Donald Trump appeared to blindside Marco Rubio as he read a note aloud from the Secretary of State during a televised sit-down with oil industry executives on Friday (9 January).

The Independent UK

Cotton Closes Friday with Slight Weakness

Cotton futures rounded out the Friday session with contracts steady to 5 points lower, as March was 40 points higher this week. Crude oil futures were back up $1.02 per barrel at $58.78. The US dollar index was up $0.212 at $98.900. USDA’s Export Sales now has upland cotton export...

Barchart

Trump ramps up Greenland threats and says US will intervene ‘whether they like it or not’

US president doubles down on threats to acquire territory at White House meeting with oil and gas executives

The Guardian - US

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8 Small Car Issues That Turn Into Four-Figure Repairs When Ignored

The decade-plus I worked in mechanic shops taught me a lot about the way cars work. You might think a problem is small, but most issues do start out that way. If you shrug these things off, they can wind up becoming costly repairs. Depending on the vehicle you own, you…

Clever Dude

U.S. oil giants tell Trump they're noncommittal on Venezuela

Exxon CEO Darren Woods said Venezuela is currently "uninvestable" without "significant changes" to commercial frameworks and legal system.

Axios

Trump promises oil companies ‘total safety’ in Venezuela as he urges them to invest billions

Country is ‘uninvestable’ today, president told, but CEOs signal they are ready to spend with support

The Guardian - US

Trump's Greenland Play: Oil and Minerals the Real Prize for Bezos and Gates?

Trump's renewed focus on Greenland raises questions over oil and mineral wealth, with critics pointing to investor interests linked to Bezos and Gates as Arctic resources gain value.

International Business Times UK

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Drivers kick off 2026 with lowest gas prices in nearly five years

“Crude oil prices remain relatively unchanged from the end of 2025 and unaffected amid questions about Venezuela’s impact on the oil market,” AAA said

The Independent UK

'What we call corruption': Harvard economist and former Venezuelan minister says Trump’s oil profit motives have no place in Venezuela's future

Ricardo Hausmann argued stable, democratic leadership in Venezuela can lead it back to economic prosperity.

Fortune

Crude Oil Settles Sharply Higher as Iranian Protests Escalate

February WTI crude oil (CLG26 ) on Friday closed up +1.36 (+2.35%), and February RBOB gasoline (RBG26 ) closed up +0.0203 (+1.15%). Crude oil and gasoline prices rallied on Friday, posting 1-month highs. Rising tensions in Iran, the fourth-largest producer in OPEC, are supporting crude prices as protests against the...

Barchart

Cotton Slipping Lower on Friday

Cotton futures are trading with 5 to 10 point losses at midday. Crude oil futures are back up $1.42 per barrel at $59.18. The US dollar index is up $0.232 at $98.920. USDA’s Export Sales now has upland cotton export commitments at 6.598 million RB, which is down 15% from...

Barchart

Soybeans Trading with Gains at Midday

Soybeans are trading with 2 to 5 ¾ cent gains at midday. The cmdtyView national average Cash Bean price is 3 cents higher at $9.91. Soymeal futures are up 30 cents to $1.20 on Friday, with Soy Oil futures 30 to 40 points higher on the day. There were another...

Barchart

Some Sanctioned Vessels Seized By The U.S. Are In Such Poor Condition That They Can't Enter U.S. Ports: Report: 'Beyond Substandard'

Some sanctioned oil tankers seized by Washington forces as part of its blockade of Venezuela are in such poor condition that they can't enter the U.S., according to a new report.

Latin Times

Bulletin world briefing: Iran blames Trump for protests and US seizes another Venezuelan tanker

Here are five of the biggest stories from around the world today US seizes fifth tanker as Trump tightens control of Venezuelan oil Iran signals crackdown on protesters as Trump is blamed for uprising Raging Patagonia wildfires force evacuation of thousands of tourists Honduras lawmaker injured in explosive attack during…

The Independent UK

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Evening Standard

Mining merger talks see FTSE 100 end week on high

The FTSE 100 index closed up 79.91 points, 0.8%, at 10,124.60.

The Conversation

With Maduro gone and Venezuela’s oil cut off, Cuba is isolated and vulnerable

“And when he woke up, the oil was still there…”

Euronews

US seizes another tanker trying to break Venezuela naval blockade

The Olina seized Friday is "another 'ghost fleet' tanker ship suspected of carrying embargoed oil," US Homeland Security Secretary Kristi Noem said.

The Conversation

What lies ahead for Latin America after the Venezuela raid?

The Trump administration has justified the recent capture of Venezuelan leader Nicolás Maduro as a law enforcement operation to dismantle a “narco‑state”. It also claimed it would break Venezuela’s ties to China, Russia and Iran, and put the world’s largest known oil reserves back under US‑friendly control.

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news in one place.

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The Conversation

How markets have cashed in on Maduro’s capture in Venezuela – and why it’s raising questions

On January 3, the world watched in disbelief as the Venezuelan president, Nicolás Maduro, was captured by US forces. It was a dramatic geopolitical event that would reverberate not just in Washington and Caracas, but deep into global financial markets.

Barchart

Crude Rallies as Iranian Protests Escalate

February WTI crude oil (CLG26 ) today is up +1.79 (+3.10%), and February RBOB gasoline (RBG26 ) is up +0.0352 (+2.00%). Crude oil and gasoline prices are up sharply today, posting 1-month highs. Rising tensions in Iran, the fourth-largest producer in OPEC, are supporting crude prices as protests against the...

The Independent UK

Trump says major oil companies will invest $100B in Venezuela and promises them government security assistance

The U.S. government is attempting to take control of the Venezuelan oil industry

The Guardian - UK

High costs, falling returns: what could go wrong for Trump’s Venezuela oil gamble?

US faces big challenges in trying to unlock ‘tremendous wealth’ from Venezuela’s long-neglected oil industry

International Business Times UK

UK Vows Stronger Deterrence Against Moscow in North Atlantic After Aiding US in Russian Tanker's Seizure

Britain vows stronger deterrence against Russia after helping the US seize a sanctioned oil tanker, targeting Moscow's shadow fleet evading sanctions abroad.

The Conversation

George Washington’s foreign policy was built on respect for other nations and patient consideration of future burdens

Foreign policy is usually discussed as a matter of national interests – oil flows, borders, treaties, fleets. But there is a problem: “national interest” is an inherently ambiguous phrase. Although it is often presented as an expression of sheer force, its effectiveness ultimately rests on something softer – the manner…

RideApart

2025 Honda CB1000 Hornet SP Owners, You Have A Recall For A Piston Issue

Problems with the specs on the pistons and piston rings could cause an oil starvation situation and a seized connecting rod bearing.

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