The U.S. conducted a large-scale attack on Venezuela overnight, capturing President Nicholas Maduro and his wife. Analysts told CNBC that the government overthrow is unlikely to disrupt oil markets as the South American nation produces only about 800,000 barrels of oil a day.
President Donald Trump said American oil companies will “spend billions of dollars” to fix oil infrastructure in Venezuela following the capture of Venezuelan President Nicolas Maduro by US forces in an early morning raid Saturday. -------- More on Bloomberg Television and Markets Like this video?
U.S. oil companies will invest billions of dollars in Venezuela's energy sector after the overthrow of Nicolas Maduro, President Donald Trump said.
Less than an ounce of silver can buy a barrel of oil, the first time that has happened since the Hunt brothers tried to corner silver in 1980. That's not normal.
Oil futures were lower to start the year with concerns about oversupply partially contained by geopolitical risks.
Magnolia is on track to reach +10% total production growth in 2025 and may deliver around +6% total production growth in 2026 with an unchanged capex budget. Oil production growth is expected to be a bit lower at around +4% for 2025 and +3% for 2026. Magnolia's reinvestment rate is projected at 54% of adjusted EBITDAX in 2026 at $57 WTI oil.
Crude oil ticked up in early Asia trade to kick off the new year.
Bearish EIA data pressures oil and gas prices, but OPEC+ supply restraint and strong China demand keep natural gas and oil prices trading sideways.
U.S. crude oil inventories fell last week as imports dropped and refineries ran at a slightly faster pace.
Oil edged lower. The broad geopolitical instability in the Middle East and the Russia-Ukraine conflict typically would sustain a risk premium on crude oil prices, XS.com said.
The price relationship between silver and oil has entered uncharted territory after the precious metal's massive surge, says DataTrek Research.
Natural gas may stay elevated into early 2026, supported by exports, tighter storage, and improving RSI trends. Later in 2026, supply growth could cap rallies.