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The Latest Breaking News from Oil

First Thing: Venezuela decries ‘act of piracy’ after US forces seize oil tanker off country’s coast

The move marks a major escalation of Trump’s pressure campaign against Nicolás Maduro. Plus, how Hasan Piker became one of the biggest voices on the US left

The Guardian - UK

Ukrainian sea drones reportedly hit another Russian shadow fleet vessel in Black Sea

Sources at Ukraine’s security service claim the Dashan tanker had received "critical damage" after it got hit by sea drones in Black Sea off Crimea’s coast.

Euronews

‘Completely unhinged’: Trump transforms US forces into thieving pirates, captures tanker, steals contents

Yo-ho-ho...

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Press Club of India elections: Battle to reassert ‘democratic-secular values’ vs RSS influence

“We will not succumb to this attack. Today, the world should know what Hindustan is doing to Kashmir. The world should know that this is Modi’s India, not Gandhi’s,” declared Sheikh Abdul Rashid – then an independent MLA, today a sitting MP – his voice steady even as black ink…

Newslaundry

Trump and White House blast ‘Fake News’ journalists and negative polls as president pushes affordability agenda: Live updates

A new poll found Trump’s approval rating on the economy has declined substantially in recent months

The Independent UK

Ukrainian navy cripples Russian shadow fleet tanker with sea drone strike

Kyiv has targeted Moscow’s ‘shadow fleet’ in an effort to damage Russia’s wartime economy

The Independent UK

US seizes Venezuelan oil tanker in major escalation with Maduro

The US seized an oil tanker carrying Venezuelan crude in what President Trump called the largest such operation ever, prompting Caracas to condemn the action as piracy.

Euronews

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Dramatic moment US troops storm oil tanker as Venezuela accuses Trump administration of 'piracy'

‘We've just seized a tanker on the coast of Venezuela, large tanker, very large, largest one ever, actually, and other things are happening,’ says US President Donald Trump

Evening Standard

This Might Be the Chicest Thing You Could Put on Your Coffee Table Right Now —This Brand's Essential Oil Burner Looks Like It's Out of a Chemistry Lab

Cool chrome stand, beaker-style base, and a box of the brand's iconic fragrances, too? Count me in. This ripple+ launch might just be the coolest yet

Livingetc

Trump news at a glance: Seizure of oil tanker marks new level of tensions between US and Venezuela

Trump also said Colombia’s president ‘will be next’ as he announced major escalation in US pressure on Nicolás Maduro

The Guardian - US

Trump says the US has seized an oil tanker off the coast of Venezuela

President Donald Trump says the United States has seized an oil tanker off the coast of Venezuela as tensions mount with the government of President Nicolás Maduro

The Independent UK

Cotton Closes with Midweek Gains

Cotton futures closed the Wednesday session with contracts up 25 to 30 points in the front months. Crude oil futures were up 71 cents per barrel at the close at $58.96, with the US dollar index $0.578 lower to $98.620. Commitment of Traders data for the week ending on November...

Barchart

Soybeans Post Gains, as NASS Confirms Record October Crush

Soybeans were 1 to 4 cents higher across most contracts on Wednesday. The cmdtyView national average Cash Bean price was 4 1/4 cents lower at $10.21 3/4. Soymeal futures ere steady to $3.10 in the red, with Soy Oil futures 7 to 11 points higher. USDA reported private export sales...

Barchart

Video shows moment US seizes Venezuelan oil tanker, Trump administration says

The Trump administration has released video of what it says is the seizure of an oil tanker off the coast of Venezuela following months of US military buildup around the region.

The Independent UK

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Reason

The MAHA Administration Bails Out Big Seed Oil

The Trump administration continues a long tradition of subsidizing the things it tells Americans to eat less of.

Barchart

Crude Oil Prices Recover as US Seizes a Tanker Off the Coast of Venezuela

January WTI crude oil (CLF26 ) on Wednesday closed up +0.21 (+0.36%), and January RBOB gasoline (RBF26 ) closed down -0.0082 (-0.46%). Crude oil and gasoline prices extended this week's losses on Wednesday, with crude posting a 2-week low and gasoline slumping to a 4.75-year nearest-futures low. However, crude oil...

Axios

Trump escalates Venezuela standoff with oil tanker seizure

"I told the idiots to seize ships a while ago instead of killing flunkies."

The Guardian - UK

Venezuela decries ‘act of piracy’ after US forces seize oil tanker off country’s coast

Footage uploaded to X by US attorney general shows its forces landing on the tanker in major escalation of Trump’s pressure campaign

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The Independent UK

Venezuela calls Trump admin’s seizure of tanker ‘an act of international piracy’ and claims it’s being targeted for oil

The president boasted it was the ‘largest’ tanker ever seized after attorney general posted footage to social media

Latin Times

U.S. Seizes Sanctioned Oil Tanker Off Venezuelan Coast, Increasing Pressure On Maduro Regime: Report

U.S. forces have seized a sanctioned oil tanker off the coast of Venezuela, yet another escalation in the pressure campaign against the Maduro regime, according to a new report.

The Independent UK

Companies offer $279 million for Gulf of Mexico drilling rights in first of 30 planned oil sales

Oil companies have offered $279 million for drilling rights in the Gulf of Mexico in the first offshore lease sale in the region since 2023

Barchart

Cotton Gains Holding at Midday

Cotton futures are up 15 to 20 points at midday. Crude oil futures are down 17 cents per barrel at $58.08 on the day, with the US dollar index $0.278 lower to $98.920. Commitment of Traders data for the week ending on November 4 showed specs trimming 10,311 contracts from...

Barchart

Soybean Bulls Battling Back at Wednesday’s Midday

Soybeans are back to higher trade on Wednesday, with contracts up 1 to 3 1/2 cents. The cmdtyView national average Cash Bean price is 3 1/4 cents lower at $10.20 1/4. Soymeal futures are steady to $1.10 in the red, with Soy Oil futures 10 to 46 points higher. There...

Barchart

Crude Oil Prices Weakens on Oversupply Concerns

January WTI crude oil (CLF26 ) today is down -0.48 (-0.82%), and January RBOB gasoline (RBF26 ) closed down -0.0239 (-1.34%). Crude oil and gasoline prices extended this week's losses today, with crude posting a 2-week low and gasoline slumping to a 4.75-year nearest-futures low. Crude prices are falling on...

Bored Panda

I Lived In A Greek Village For Six Months, And Here’s What I Learned

Greek hospitality made my standards for kindness impossible to meet anywhere else.

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