China Can Still Obtain Venezuelan Oil, They Just Need to Pay for It
US Officials Discuss Venezuela’s Oil Industry An unnamed US official told Reuters that while the US’s involvement in Venezuela’s oil sector won’t stop China from buying oil from there, it will no longer benefit from the “unfair and undervalued” prices that have prevailed. Earlier this month, President Trump revealed plans for US oil experts to […]
Trump Indicates U.S. Companies Will Begin Drilling Venezuelan Oil ‘Very Soon’
Trump Announces Drilling Plans for Venezuelan Oil President Donald Trump informed reporters on Thursday while on Air Force One that U.S. companies are set to start drilling for Venezuelan oil “soon.” This statement came after Trump’s attendance at the World Economic Forum in Davos, Switzerland, where he also introduced a new initiative aimed at establishing […]
French navy captures Russian oil tanker as US partners intensify sanctions efforts
The French navy has reportedly taken control of a Russian oil tanker in the Mediterranean, suspected of being part of a network referred to as Russia’s “Shadow Fleet.” This network consists of vessels that operate under false flags to bypass Western sanctions aimed at limiting Russian oil exports. On Thursday, President Emmanuel Macron revealed that […]
French Navy Captures Russian Oil Tanker in Mediterranean with Assistance from Britain
French Troops Seize Russian Oil Tanker in Mediterranean On Thursday, French troops, backed by allies like Britain, utilized helicopters to board a Russian oil tanker referred to as the “Grinch” while it was navigating the Mediterranean Sea. President Emmanuel Macron confirmed the seizure in the morning, stating that it occurred in international waters between Spain […]
Cuba Looking for Oil in Africa Amid U.S. Restrictions on Venezuela
Cuba Seeks Oil from Africa Amid Sanctions Cuba is looking to Africa for oil to compensate for the diminishing supply it used to receive from Venezuela, largely due to pressures from President Donald Trump’s administration. A report from 14 years old Medio highlighted this development recently. Jorge Piñon, an energy specialist at the University of […]
Elizabeth Warren and Democrats look into banks regarding oil sales from Venezuela.
Investigation into U.S. Banks and Venezuelan Oil Sales Senator Elizabeth Warren (D-Mass.) and a group of Democratic senators are leading an inquiry into how major U.S. banks are involved in facilitating the Trump administration’s sale of Venezuelan oil. This probe was prompted by President Trump’s announcement that the interim government in Venezuela would transfer as […]
Elizabeth Warren and Democrats look into banks concerning Venezuelan oil transactions
Investigation into Banks’ Role in Venezuelan Oil Sales Senator Elizabeth Warren and several Democratic senators are currently leading an investigation into how major U.S. banks have assisted the Trump administration in the process of selling Venezuelan oil. This inquiry follows President Trump’s announcement that Venezuela’s interim government will transfer up to 50 million barrels of […]
Sen Rand Paul states that the US is in a continuous conflict with Venezuela over oil acquisition.
Sen. Rand Paul Declares Ongoing Conflict with Venezuela On Sunday, Sen. Rand Paul (R-Ky.) announced that the United States is involved in an “ongoing war” with Venezuela, particularly in response to recent U.S. actions regarding the South American nation. While appearing on NBC’s “Meet the Press,” Paul pointed out that tensions between the U.S. and […]
Soybean Oil Spread for May-August 2026 – Walsh Pure Spreader
Walsh Pure Spreader Pure Hedge Division Rich Moran May-August ’26 Soybean Oil Spread (ZLK26-ZLQ26) Currently, we hold a long position in the March-July ’26 soybean oil spread (ZLH26-ZLN26) at -0.79 cents. With soybean oil yields dropping below average, it seems that going long on soybean oil spreads might be a wise move, especially since they […]
US sells Venezuelan oil at a 30% premium, finalizes $500 million agreement, according to energy secretary.
U.S. Sells Venezuelan Crude at Higher Prices The U.S. has finalized an initial $500 million sale of Venezuelan crude, achieving prices about 30% above what they were just a few weeks ago, according to the Department of Energy. This development followed the dramatic arrest of Venezuelan leader Nicolás Maduro and his wife on January 3, […]