The Latest Breaking News from Oil

Milky toners just got a serious upgrade

Asian shares are mixed, with strong buying of technology shares helping to lift some benchmarks, while oil prices surged more than 1% after President Donald Trump ordered a blockade of all “sanctioned oil tankers” into Venezuela

Trump's escalation comes after U.S. forces last week seized an oil tanker off Venezuela’s coast, an unusual move that followed a buildup of military forces in the region.

Move comes amid escalating campaign against Maduro as Venezuelan government condemns ‘grotesque threat’

President Donald Trump’s top Cabinet officials overseeing national security are back on Capitol Hill as questions mount over the swift escalation of U.S. military force and deadly boat strikes in international waters near Venezuela

Trump said US armada ‘will only get bigger’ until Venezuela returns ‘all of the oil, land, and other assets that they previously stole from us’ – key US politics stories from 16 December 2025

The escalation exerts unprecedented pressure on the Maduro regime, threatening to bankrupt Venezuela's already struggling economy.

The White House and Pentagon has placed hundreds of American troops and ships near Venezuela’s coastline

President Donald Trump says he is ordering a blockade of all “sanctioned oil tankers” into Venezuela, ramping up pressure on the country’s authoritarian leader Nicolás Maduro

Cotton futures fell on Tuesday, down 72 to 84 points across the front months at the close. Pressure came from the synthetic market, with crude oil futures are $1.65 lower per barrel at $55.17. The US dollar index was $0.038 higher to $97.995. Monday’s online auction from The Seam showed...

Corn futures closed out the Tuesday session with most contracts 2 to 3 ¼ cents lower at the final bell. The CmdtyView national average Cash Corn price was down 3 1/4 cents to $3.92 3/4. There was some outside pressure, with losses in wheat adding spillover weakness and crude oil...