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, […]
SAMUELE FURFARI: Europe’s Anger Over Maduro’s Arrest Shows Lack of Insight Into the Oil Industry
The recent arrest of Venezuelan leader Nicolas Maduro has sent shockwaves around the globe. Yet, the reaction has been particularly intense and perplexing within the European Union, where public anger stands in stark contrast to the more favorable receptions seen in the United States and elsewhere. This anger seems to be directed towards Donald Trump […]
Coast Guard Takes Control of Sixth Oil Tanker Connected to Venezuela
U.S. Coast Guard Seizes Tanker for Violating Sanctions on Venezuelan Oil The U.S. Coast Guard announced on Thursday that they have intercepted a tanker in the Caribbean that breached U.S. sanctions regarding Venezuelan oil exports. This recent seizure adds to a growing list since the removal of Venezuelan leader Nicolás Maduro earlier this year. In […]
U.S. military captures sixth oil tanker from Venezuela in Caribbean sea
U.S. Southern Command announced on Thursday that American forces have successfully captured yet another oil tanker associated with Venezuela while operating in the Caribbean. This marks the sixth oil tanker seized in the U.S. efforts against Venezuela’s illicit oil trading activities. In a pre-dawn operation, Marines and sailors from Joint Task Force Southern Spear, with […]
U.S. Finalizes Initial $500 Million Sale of Venezuelan Oil
U.S. Completes First Sale of Venezuelan Oil The United States has finalized its inaugural sale of $500 million in Venezuelan crude oil, as reported by various media outlets on Thursday, referencing unnamed government sources. According to industry insiders, the revenue from this sale will be stored in bank accounts managed by the U.S. government, with […]