The Latest Breaking News from Oil

Trump said the U.S. expects to maintain direct oversight of Venezuela for an extended period, signaling that Washington's role in running the country and managing its oil resources will last "much longer" than a year.

China condemned the United States for what it called the "arbitrary" seizure of a Russian-flagged oil tanker on the high seas.

Soybeans are down 1 to 2 cents to start the Thursday session. Futures were in rally mode on Wednesday, with contracts closing 10 to 11 cents higher in the front months. Open interest was up 4,067 contracts. The cmdtyView national average Cash Bean price was 11 1/2 cents higher at...

Chevron is negotiating with the U.S. to expand its Venezuelan oil license and increase crude exports amid ongoing sanctions and talks.

Washington claims India’s import of discounted Russian crude is helping fund Moscow’s war effort

Greenland, the largest island on Earth, possesses some of the richest stores of natural resources anywhere in the world.

Kremlin hawks demand nuclear retaliation after UK and US seize Russian oil tanker, escalating World War 3 fears as Putin unleashes brutal attacks on Ukrainian infrastructure.

Shares in the company dipped as it also pointed towards a loss in its troubles chemicals and products division.

JD Vance bragged that Venezuela is under US control because South America is in the United States’ ‘neighborhood’