Oil
US forces board second sanctioned oil tanker in Indian Ocean
Published Mon, Feb 16, 2026 · 08:09 AMTHE US military boarded an oil tanker in the Indian Ocean after tracking the vessel for thousands of miles, saying it tried...
Opec+ agrees to keep oil output unchanged as Iran tensions boost prices
They will raise production quotas by about 2.9 million barrels per day from April till December 2025, roughly 3% of global demand.Published Sun, Feb 1, 2026 · 11:27 PM[MOSCOW/LONDON]...
Trump welcomes China, India investment in Venezuela oil
Published Sun, Feb 1, 2026 · 01:08 PM[WASHINGTON] President Donald Trump said on Saturday (Jan 31) he welcomed investment by China and India in Venezuela’s oil industry.“China is welcome...
Oil hovers near six-month high as investors track US-Iran tensions
Published Sat, Jan 31, 2026 · 07:37 AM[HOUSTON] Oil prices dipped a few cents per barrel on Friday (Jan 30), consolidating recent gains and holding near six-month highs, supported...
Vitol and Trafigura – traders at the heart of Trump’s Venezuela oil grab
The companies’ special licences to ship still-sanctioned barrels have given them a head start in a potentially lucrative tradeUS PRESIDENT Donald Trump has portrayed his takeover of Venezuela’s oil...
Venezuelan banks will get US$300 million of oil money to sell on exchange market: sources
FOUR Venezuelan banks were notified this week by the country’s government that they will split US$300 million of oil revenues deposited in an account in Qatar, enabling them to...
Oil tanker rates spike as US push into Venezuela redraws flows
The global oil industry is working through the consequences of Washington’s move earlier this month[HONG KONG] The shipping market is being shaken up by Washington’s intervention in Venezuela, as...