The Latest Breaking News from Oil

Cotton futures followed the Monday strength with Tuesday gains of 40 to 45 points at the close. Crude oil futures were back down $1.35 per barrel at $56.97. The US dollar index was up $0.353 at $98.335. Export sale commitments for cotton have reached 6.5 million RB as of 12/25,...

Soybeans reverted lower from the midday gains, as contracts were down 5 to 7 cents at midday. The cmdtyView national average Cash Bean price was 5 cents lower at $9.82 1/4. Soymeal futures were 20 cents to $1.30 higher at the close, with Soy Oil futures down 38 to 47...

At least he's honest about it.

Donald Trump suggests US taxpayers could help reimburse oil firms rebuilding Venezuela's oil industry, sparking debate over costs, accountability and who truly benefits from the plan.

Will President Donald Trump match his Monroe Doctrine gambit with a new Marshall Plan for Venezuela?

US military forces have been preparing for a possible mission to capture the vessel

February WTI crude oil (CLG26 ) on Tuesday closed down -1.19 (-2.04%), and February RBOB gasoline (RBG26 ) closed down -0.0194 (-1.13%). Crude oil and gasoline prices gave up an early advance on Tuesday and sold off sharply as the dollar strengthened. Crude prices also retreated amid concerns about energy...

Editorial: The seizure of Venezuelan leader was induced by the prize of petroleum, but driven by spectacle, geopolitics and domestic politics

Much has been made about Venezuela’s oil and natural gas revival after the capture of the country’s leader, Nicolas Maduro. However, the country’s vast mineral resources could be what gets Newmont Mining further into Latin America.

Energy stocks surged on Monday as markets reacted to renewed focus on Venezuela’s oil industry and U.S. policy direction.

Industry insiders say US oil companies want to ‘avoid getting screwed’ and will proceed with extreme caution