Trump meets with oil execs
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Louisiana, Supreme Court and Big Oil
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His firm loaded around 1.7m barrels of Venezuelan crude onto tankers in the first week of January, after the partial lifting of an American blockade, the most it has managed since May 2025. It will also benefit from involvement in the sale of 50m stockpiled barrels,
Hundreds of miles above the Arctic Circle, an American oil company is attempting to extract billions of barrels of oil on Greenland, just as Trump is escalating tensions with the territory.
Of all the plant-based oils, olive oil has among the highest concentrations of monounsaturated fats and polyphenols. These compounds, particularly one called oleic acid, work to balance cholesterol levels, lower blood pressure and keep the heart healthier over time.
Oil prices are likely to drift lower this year as a wave of supply creates a market surplus, although geopolitical risks tied to Russia, Venezuela and Iran will continue to drive volatility, Goldman Sachs said in a note on Sunday.
January Nat Gas seasonal softness is showing up right on cue, thanks to those stuffed late-fall storage levels acting as a price cushion during peak winter demand. Charts + fundamentals lining up perfectly.
Crude futures rose for a third straight session with tensions in Iran keeping a bid in the market.
LONDON, Jan 12 (Reuters) - Global oil trading houses have emerged as early winners in the race to control Venezuelan crude flows, getting ahead of U.S. energy majors wary of credit and legal risks and securing a potentially lucrative business opportunity in the country with the world's largest crude reserves.
Today, science can narrow down potential oil reserves with surprising accuracy — especially when it comes to shale oil, found embedded within sedimentary rock. By studying sediments in China's Sichuan Basin, researchers found that variations in the Earth's orbit can help prospectors better predict where shale oil is most likely to form.
Bringing Venezuela’s output under U.S. control has the potential to disrupt the power balance in the world market.