Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Trump's blockade of sanctioned Venezuelan oil raises new questions about legality
WASHINGTON -- President Donald Trump's “blockade” of sanctioned oil tankers off Venezuela's coast is raising new questions about the legality of his military campaign in Latin America, while fueling concerns that the U.S. could be…
Trump's blockade of sanctioned Venezuelan oil raises new questions about legality
Claire Finkelstein, a professor of national security law at the University of Pennsylvania, said the use of such an aggressive tactic without congressional authority stretches the bounds of international law and increasingly looks like a veiled…
Mixed messaging: Is Trump's Venezuela strategy about drugs or oil?
“He views those as lives saved, not people killed,” Wiles said of the boat strikes that have, to date, killed 104 U.S.-designated “narco-terrorists” in 28 separate strikes. “He wants to keep on blowing boats up…
Fish oil oxidation: Experts debate the science and health impacts
Discover the risks of fish oil oxidation, industry standards, and best practices for ensuring omega-3 supplement quality and safety.
From cooking oil to jet fuel: Cathay Pacific shines the spotlight on SAF
“Do you know what this is, or what this might be – the dirty-looking one?” asks Oliver Haas, the head of sustainability – commercial and innovation at Cathay Pacific, holding up a laboratory bottle filled with dark…
Oil prices stable after Trump says he won't rule out war with Venezuela
President Donald Trump told NBC News that he will not rule out war with Venezuela. 'I don't rule it out, no,' Trump told the news outlet in a phone interview. Venezuela is a founding member of OPEC and has the largest proven oil reserves in the…
Oil set to close lower for second straight week
OIL prices ticked down on Friday and were set to close lower for a second straight week, as rising prospects of a Russia-Ukraine peace deal offset concerns over supply disruptions from a blockade of Venezuelan oil tankers. Brent crude futures fell…
Goldman Flags Record Gold, Weak Oil in '26 Commodity Picks
Gold's record-setting rally and persistent weakness in crude have been two of the standout features of global commodities this year. Goldman Sachs Group Inc. reckons both those trends will extend into 2026. Bullion is set to hit a fresh record next…
An Imminent War In Venezuela: Oil Could Spike Above $80 (NYSEARCA:USO)
The US mission in the current situation in Venezuela seems to be regime change. Thus, as the situation escalates, the risk to the regional energy infrastructure will increase, as well as the risk premiums for regional routes and insurance rates.
Saudi non-oil trade grows steadily
The fall in oil prices below $60 a barrel this week means Saudi Arabia is under growing pressure to curb spending to keep its budget deficit in check, but there is one bright note for the kingdom's economic outlook: Non-oil exports are surging. New…
Readers sound off on the Jewish state's purpose, Venezuela's oil and mentally ill attackers
Bronx: To Voicer Adnan Aslam: While it's true that a formal Zionist movement came into existence in the late 19th century, that movement was a consolidation of multiple currents, both religious and secular, of Jews returning to the Holy Land dating…
Oil and postal workers strike across Brazil
Brazilian postal and oil workers began indefinite strikes this week after rejecting 2026 Collective Bargaining Agreements proposed by two of Brazil's largest state-controlled companies, Correios and Petrobras respectively. As part of a growing…
View: The next oil shock will come from supply
The past year has been characterized by uncertainty: US President Donald Trump's return to the White House injected fresh volatility into global oil markets at a time of already heightened geopolitical tensions. New rounds of sanctions on major…
Oil Futures Rise in Early U.S. Trade
Oil futures are higher with the market balancing Venezuelan supply risk against prospects for an end to the Russia-Ukraine war and expectations of large oversupply next year. 'We still view the potential loss of Venezuelan supply as modest…
Russian Oil Prices Sink Below $35 Per Barrel
Russian oil prices continue to plunge under the pressure of U.S. sanctions that have disrupted established export flows to India and China. The price of Urals crude shipped from the Black Sea port of Novorossiysk fell to $34.52 per barrel as of…
Receive a Daily briefing on Oil Industry News
Get Started