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The Latest Breaking News from Oil

Carbon capture was spruiked as a way of limiting our emissions – but has Australia been greenwashed?

Despite billions in investment, carbon capture and storage technology ‘should be in no way treated as a climate solution’, critics say

The Guardian - AU

U.S. unseals warrant behind oil tanker seizure near Venezuela

The FBI director said the bureau will keep enforcing U.S. sanctions and "cut off our adversaries from financial markets" and tech.

Axios

Cuba denounces US seizure of oil tanker off Venezuela’s coast as ‘piracy’

Cuban foreign ministry called US military action ‘maritime terrorism’ under a policy of ‘economic suffocation’

The Guardian - US

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Some Heating Companies Are Requiring Prepayment From Senior Customers

As winter heating bills rise, some fuel delivery companies are shifting toward prepayment policies for heating oil, propane, and even service calls. While this is...

Saving Advice

Venezuela oil exports reportedly fall sharply after US seizure of tanker

The seizure of the Skipper on Wednesday marked the first US capture of Venezuelan oil cargo since sanctions were imposed in 2019

The Guardian - AU

Cotton Closes the Week with Weakness

Cotton futures closed the Friday session with contracts down 10 to 15 points across most front months, as March was down 10 points on the week. Crude oil futures were down 9 cents per barrel at $57.51, with the US dollar index $0.061 to $98.405. A delayed CFTC report showed...

Barchart

Dollar Strength and Stock Market Weakness Undercut Crude Oil Prices

January WTI crude oil (CLF26 ) on Friday closed down -0.16 (-0.28%), and January RBOB gasoline (RBF26 ) closed down -0.0077 (-0.44%). Crude oil and gasoline prices moved lower on Friday, with gasoline posting a 4.75-year nearest-futures low. Friday's dollar strength weighed on energy prices. Also, Friday's stock weakness has...

Barchart

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Trump shocked the world when he seized a Venezuela oil tanker. He might do it again

The White House press secretary has declined to comment on future plans, but said the U.S. is ‘not going to stand by and watch sanctioned vessels sail the seas with black market oil’

The Independent UK

U.S. Tanker Seizure Expected to Drive Steeper Black-Market Discounts on Venezuelan Oil, Increasing Pressure on Maduro

The U.S. seizure of a supertanker loaded with Venezuelan crude is expected to force black-market buyers to demand even deeper discounts, further tightening financial pressure on authoritarian President Nicolás Maduro.

Latin Times

Soybeans Falling on Friday Despite Chinese Business Trickling In

Soybeans are falling 12 to 13 cents in the nearbys on Friday. The cmdtyView national average Cash Bean price is 11 3/4 cents lower at $10.10 3/4. Soymeal futures are $1.70 higher, with Soy Oil futures 85 points lower. There were 26 deliveries for December soybean meal overnight, with 34...

Barchart

Cotton Slipping at Friday’s Midday

Cotton futures are back to slightly weaker trade on Friday, with contracts down 2 to 5 points in the nearbys. Crude oil futures are up 5 cents per barrel at $57.64, with the US dollar index $0.21 lower to $98.365. Thursday’s online auction from The Seam showed sales of 13,615...

Barchart

Tanker Seized Off Venezuelan Coast Already On Its Way To The U.S. After Trump Says He'll Keep The Oil

The large tanker seized by the U.S. off the coast of Venezuela earlier this week is already on its way to Houston, according to a new report.

Latin Times

Crude Oil Prices Slip on Dollar Strength and Oil Glut Concerns

January WTI crude oil (CLF26 ) today is down -0.32 (-0.56%), and January RBOB gasoline (RBF26 ) closed down -0.0118 (-0.67%). Crude oil and gasoline prices are falling today, with gasoline posting a 4.75-year nearest-futures low. Today's dollar strength is undercutting energy prices. Also, today's stock weakness has dampened optimism...

Barchart

Air Fryer Warning: The 5 Foods You Should Never Cook in Your Favorite Appliance

The air fryer is the kitchen MVP of the decade. Furthermore, it changed how we cook. It reheats pizza perfectly and makes crispy fries without the oil. Ultimately, it makes life easier for busy households. You can easily fall in love with a gadget that saves time. However, let’s be…

Budget and the Bees

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Roll Call

FactChecking Trump’s economic speech - Roll Call

Factcheck.org takes a look at President Donald Trump’s Dec. 9 campaign-style economic speech in Pennsylvania.

MarketBeat

4 Canadian Oil Stocks That Are Filling the Heavy Crude Gap

Discover four Canadian oil stocks benefiting from a tight heavy-crude market. Learn why CNQ, ENB, IMO, and SU may offer strong upside for investors

Barchart

Cotton Starting Friday with Gains

Cotton prices are up 5 to 22 points so far on Friday morning. Futures faced some light Thursday pressure, with contracts down 8 to 12 points at the close. Crude oil futures are down 54 cents per barrel at $57.92, with the US dollar index $0.373 lower to $98.395. Export...

Barchart

Soybeans Falling to Start Friday

Soybeans are trading with 8 to 9 cent losses in the nearbys. Futures saw slight gains of 1 to 2 1/4 cents in the nearbys on Thursday. The cmdtyView national average Cash Bean price was 1 3/4 cents higher at $10.22 1/2. Soymeal futures were up 30 to 90 cents,...

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International Business Times

Maduro Accuses U.S. of 'Kidnapping' Crew After Military Seizure of Oil Tanker by U.S.

Maduro also described the operation as a "military assault, kidnapping and robbery, like Caribbean pirates, against a private commercial vessel"

The Independent UK

landmark inquiry into death of oil rig worker with Covid

Donald Singer was removed from the platform by helicopter after his Covid symptoms worsened

Evening Standard

Inquiry into death of worker with Covid to consider safety measures on oil rig

Donald Singer, 66, died in hospital a month after being airlifted from the Ninian Southern Platform off Shetland in April 2020.

The Guardian - UK

‘Soil is more important than oil’: inside the perennial grain revolution

Scientists in Kansas believe Kernza could cut emissions, restore degraded soils and reshape the future of agriculture

The Independent UK

Nobel winner Machado snuck through 10 checkpoints in Venezuela in a wig to reach Norway in daring three-day journey

The exiled Venezuelan opposition leader crossed the Caribbean Sea in a fishing boat before being escorted to Norway in a US plane

The Conversation

Did Donald Trump order piracy on the high seas?

This newsletter was first published in The Conversation UK’s World Affairs Briefing email. Sign up to receive weekly analysis of the latest developments in international relations, direct to your inbox.

Homes & Gardens

Shea McGee's Pork Tenderloin Recipe Calls for a Surprising Ingredient – and I'm Considering Serving it on Christmas Day

It's official: I'm ditching a traditional Christmas main for Shea McGee's pork tenderloin dish

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