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At Close: Jun 05, 2026
House Democrats warn oil companies of risks of Venezuela transactions
12:49pm, Wednesday, 28'th Jan 2026
A dozen House Democrats on Wednesday sent a letter to 21 companies who attended a Jan. 9 White House meeting about developing Venezuelan oil resources, warning them that any transaction or investment
Oil hits 4-month high as Trump renews Iran threats, but crude's momentum may be fleeting
12:19pm, Wednesday, 28'th Jan 2026
President Donald Trump ratcheted up pressure on Iran Wednesday, warning that a “massive armada” was headed to the Middle Eastern country and that time was running out for Tehran to reach a nuclear
U.S. Crude Oil Stockpiles Post Weekly Decline as Imports Fall
11:16am, Wednesday, 28'th Jan 2026
Commercial crude oil stocks decreased by 2.3 million barrels and were about 3% below the five-year average for the time of year, said the Energy Information Administration.
Chevron to boost exports of Venezuelan oil to US in March, sources say
11:06am, Wednesday, 28'th Jan 2026
Oil producer Chevron is set to boost exports of Venezuelan crude to the U.S. to some 300,000 barrels per day (bpd) in March, from 100,000 bpd in December and some 230,000 bpd so far this month, two so
Nigerian key crude oil loadings to fall in March, programmes show
10:53am, Wednesday, 28'th Jan 2026
Exports of four key Nigerian crude oil grades are scheduled at 793,000 barrels per day in March, preliminary loading programmes seen by Reuters show.
Oil prices rise after Trump says a 'massive Armada is heading to Iran'
10:34am, Wednesday, 28'th Jan 2026
U.S. Central Command said Monday that the Abraham Lincoln Carrier Strike Group had arrived in the Middle East.
Oil News: Crude Oil Outlook Points to $64.75-$66.49 as Production Risks Rise
10:27am, Wednesday, 28'th Jan 2026
WTI crude oil rallies above $62.20 targeting $64.75-$66.49. Winter storm disrupts production.
Crude Oil Price Analysis – Is Oil About to Make a Run?
09:42am, Wednesday, 28'th Jan 2026
The crude oil market is a little bit positive early during the trading session on Wednesday as investors are starting to see geopolitical and USD-related tailwinds as a real possibility.
Afreximbank announces $1.75 billion facility for Angola's national oil company Sonangol
08:54am, Wednesday, 28'th Jan 2026
The African Export-Import Bank (Afreximbank) on Wednesday announced a $1.75 billion facility for Angola's national oil company Sonangol.
Indian Oil Corp to raise diesel exports with refining capacity boost, official says
07:31am, Wednesday, 28'th Jan 2026
Indian Oil Corp expects its annual diesel exports to rise sharply to up to 5 million metric tons from 2027 as it expands refining capacity, the company's head of marketing told reporters at the India
Kazakhstan export loss to ease global oil supply glut, Vitol executive says
05:51am, Wednesday, 28'th Jan 2026
Kazakhstan is estimated to have lost more than 40 million barrels of crude exports from damage around the Caspian Pipeline Consortium (CPC), trader Vitol's Asia head said on Wednesday, easing a global
Did US oil sanctions expedite the signing of an EU-India trade deal?
05:17am, Wednesday, 28'th Jan 2026
Mukesh Sahdev, chief oil analyst at XAnalysts, says Russian oil was not an option but a necessity for India as the latter was facing an oil supply crunch. He also says that the US used this to pressur
Natural Gas and Oil Forecast: Prices Hold Firm – But Is a Larger Move About to Unfold?
02:39am, Wednesday, 28'th Jan 2026
WTI trades above $62 as winter outages cut supply, while natural gas holds $3.70 inside a rising channel. Key resistance levels now come into focus.
Oil prices mixed as US supply worries linger after winter storm
08:44pm, Tuesday, 27'th Jan 2026
Oil prices were mixed on Wednesday, with Brent down slightly but the U.S. contract edging higher as supply concerns grew after a winter storm disrupted crude output and halted Gulf Coast exports over
Oil Prices Mixed; May be Supported by Lingering Middle East Tensions
08:17pm, Tuesday, 27'th Jan 2026
Oil prices were mixed in Asia's morning session, but may be supported by lingering Middle East tensions that could lead to supply disruptions.
