Oil traders Vitol and Trafigura and Greek tanker owners are diving back into the country after Nicolás Maduro's ouster.
Weekends now seem to be the worse time for oil traders to let their guard down.
Four Venezuelan banks were notified this week by the ​country's government that they will split $300 million of oil revenues deposited in an account in ‌Qatar, enabling them to sell dollars to Ven
Traders believe that the risks of a U.S. strike against Iran persist.
A Vietnam-flagged tanker under sanctions carrying a Venezuelan oil cargo has docked at Curacao's Bullen Bay terminal, ship monitoring service Tankertrackers.com said on Friday.
The U.S. Department of Energy is exploring a plan to exchange heavy Venezuelan oil for U.S. medium, sour crude to fill up the Strategic Petroleum Reserve, two sources said on Friday.
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.1% on Friday.
The light sweet crude oil market shot higher during the week, but then turned right back around.
Washington has started selling Venezuelan crude oil after earlier this month launching a military strike on the nation and capturing dictator Nicolás Maduro and his wife on charges of narco-terrorism
The crude oil markets continue to pay close attention to the situation in Iran and the potential for military action that it could bring. Oil will remain extraordinarily volatile in the short-term.
The Iranian regime, embattled by protesters, the U.S., and Israel, might panic, Matt Gertken writes in a guest commentary.
WTI crude oil rebounds from support zone at $58.93 – $58.52 as Iran tensions ease. Rising U.S. inventory and Venezuela production cap gains.
Natural gas futures hover near $3.12, trapped below key moving averages. Bearish trend persists unless price breaks above $3.25 with momentum.

Oil flat as chances of US strike on Iran recedes

09:35pm, Thursday, 15'th Jan 2026
Oil prices were flat on Friday with both Brent and U.S. West Texas Intermediate moving only a few cents from their closing prices after the likelihood of a U.S. strike on Iran receded.
U.S. is securing higher prices for Venezuelan crude than those before Maduro's capture, said the U.S. Energy Secretary. His comments come as U.S. completed its first sale of Venezuelan oil valued at a
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