The Tanker Tycoons and Oil Brokers Cashing In on the Venezuela Trade
Oil traders Vitol and Trafigura and Greek tanker owners are diving back into the country after Nicolás Maduro's ouster.
Venezuelan banks will get $300 million of oil money to sell on exchange market, sources say
Four Venezuelan banks were notified this week by the country's government that they will split $300 million of oil revenues deposited in an account in Qatar, enabling them to sell dollars to Venezuelan companies that need foreign exchange to pay for materials, two financial sources and an analyst said.
Oil News: Crude Oil Outlook—Iran Tensions Ease, But Supply Risks Remain
WTI crude oil rebounds from support zone at $58.93 – $58.52 as Iran tensions ease. Rising U.S. inventory and Venezuela production cap gains.
Oil flat as chances of US strike on Iran recedes
Oil prices were flat on Friday with both Brent and U.S. West Texas Intermediate moving only a few cents from their closing prices after the likelihood of a U.S. strike on Iran receded.
Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million
U.S. is securing higher prices for Venezuelan crude than those before Maduro's capture, said the U.S. Energy Secretary. His comments come as U.S. completed its first sale of Venezuelan oil valued at about $500 million.
Oil Futures Edge Higher on Likely Technical Recovery
Oil futures edged higher in early Asian trade on a likely technical recovery after WTI and Brent crude oil futures settled sharply lower on Thursday.
Crude Oil Price Forecast: Volatility Tests Bullish Reversal Structure
Crude oil volatility surged after a bullish reversal breakout, with the first pullback now testing former resistance as support while upside momentum remains vulnerable to deeper retracement risk.
Venezuela's Rodriguez proposes oil reform to facilitate investment
Venezuela's interim President Delcy Rodriguez said on Thursday that she was submitting a proposal to reform the country's hydrocarbon law, as investors in the U.S. push for easier access to the South American country's oil industry.
OPEC regains share in India as Russian oil imports slump in December
India's Russian oil imports fell to their lowest level in two years in December, as Western sanctions pushed refiners to tap alternatives, lifting OPEC's share of imports to an 11-month high, trade data showed.
Crude Oil Price Outlook – Crude Oil Drops After Trump Comments
The crude oil market has pulled back on Thursday as the markets continue to see a lot of questions about Iran.
Russia's oil and gas budget revenue falls 24% to lowest since 2020
Russia's federal budget revenues from oil and gas dropped by 24% in 2025 to the lowest level since 2020, according to Finance Ministry data.
Trump's Venezuelan oil move isn't hypocrisy — it's genius strategy to crush China and Russia
President Trump's Venezuelan oil imports serve U.S. energy strategy by optimizing Gulf Coast refineries designed for heavy crude while weakening adversaries.
