Oil Industry News
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Trump, Venezuela and Oil
One early sign that things might not go so smoothly for the U.S. in its quest for Venezuelan oil was how American energy companies responded. In a meeting between oil executives and President Trump this month at the White House, Darren Woods, head…
US forces seize seventh sanctioned tanker linked to Venezuela in Trump's effort to control its oil
WASHINGTON -- U.S. military forces boarded and took control of a seventh oil tanker connected with Venezuela on Tuesday as part of the Trump administration's broader efforts to take control of the South American country's oil. U.S. Southern Command…
US military says it seized another Venezuela-linked oil tanker
Seizing of vessel in Caribbean Sea is seventh apprehension in Trump's campaign to control Venezuela's oil flows The US military said it seized another oil tanker with links to Venezuela on Tuesday, in the Caribbean Sea. The report marks the seventh…
US military seizes seventh oil tanker linked to Venezuela
A Venezuela -linked tanker was seized by the U.S. military in the Caribbean on Tuesday, marking the seventh such incident since the beginning of President Donald Trump 's month-long campaign to disrupt Venezuela's oil shipments. The Motor Vessel…
Oil Declines as Trump's Push to Take Greenland Rattles Markets
Oil declined as US President Donald Trump's attempts to annex Greenland sent jitters through wider markets. West Texas Intermediate fell below $60 a barrel after moving higher at the start of the week, while Brent crude closed near $65. The…
Trump seizes seventh tanker in Caribbean after it 'took oil from Venezuela
AMERICAN forces have seized a seventh oil tanker linked to Venezuela as President Donald Trump ramps up his campaign to choke off illicit crude exports from the country. US Southern Command said the Motor Vessel Sagitta was boarded and taken under…
Macro Insights: Black Swans In Greenland, Oil In Venezuela, And 2026 Predictions
Analysts discuss how geopolitical events in Venezuela and Greenland could reshape energy markets, gold demand, and global alliances. 2026 market outlooks favor continued S&P 500 (SPY) ascent but warn against traditional 60-40 portfolios. Analysts…
Venezuelan Oil Moves Into the Caribbean as US Trade Links Forged
Tankers have begun discharging Venezuelan crude at Caribbean islands, publicly signaling their activity in a move that marks a new trade order after US exerted control over Caracas' oil industry. Two vessels delivered about 2.5 million barrels of…
Global Market Turmoil Prompts China Oil Firm to Pull Bond Sale
Spikes in borrowing costs following a meltdown in Japanese bonds and a selloff in US Treasuries have prompted at least one Asian borrower to shelve plans to raise funds, underscoring how renewed volatility is rippling through credit markets.
US seizes a seventh Venezuela-linked oil tanker
The United States military announced that it has seized a seventh Venezuela-linked oil tanker, as the US tightens its control over the production and sale of the country's considerable oil resources. US Southern Command (SOUTHCOM), which oversees…
Oil prices fall as risks from Kazakh production halt subside
TOKYO: Oil prices fell on Wednesday as an expected build-up of U.S. crude inventories outweighed a temporary halt in output at two large fields in Kazakhstan and geopolitical pressure from U.S. threats of tariffs over its bid to gain control of…
India Slips Behind Turkiye Among Major Russia Oil Buyers
India slipped to third place among buyers of Russian fossil fuels in December 2025, with Turkiye overtaking the country to become the second-largest purchaser, according to the Centre for Research on Energy and Clean Air (CREA), a European research…
Massie rips Trump's sale of Venezuelan oil 'for his own piggy bank'
Rep. Thomas Massie (R-Ky.) criticized President Trump on Tuesday over his administration's handling of Venezuela's oil after ousting Venezuelan leader Nicolás Maduro earlier this month, highlighting the funds it will receive from selling…
US to Expand Venezuela Oil Access for Traders, Refiners - TT
Petroleos de Venezuela SA signage in Caracas, Venezuela. (Carlos Becerra/Bloomberg) [Stay on top of transportation news: Get TTNews in your inbox.] The U.S. government plans to allow more trading companies beyond Vitol Group and Trafigura Group to…
US seizes seventh oil tanker violating Trump Venezuela blockade
U.S. maritime forces in the Caribbean apprehended a seventh Venezuelan oil tanker, Sagitta, on Tuesday morning under the banner of Operation Southern Spear. The operation was conducted by a joint task force in support of the Department of Homeland…
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