Venezuelan crude oil was being offered this week to U.S. Gulf Coast refiners at a premium to competing Canadian barrels, two traders said.
The 'Fast Money' traders talk swings in the oil market on Iran fears.
Ariel Investment's Charles Bobrinskoy joins 'Closing Bell Overtime' to talk the day's market action.
Trump announces $500 million Venezuela oil deal following Maduro's arrest, with more in sanctioned oil sales expected in coming weeks.
Trump told reporters in the Oval Office that "we've been told that the killing in Iran is stopping. It's stopped.
The U.S. has completed the first sales of Venezuelan oil that are part of a $2 billion deal reached earlier this month between Caracas and Washington, a U.S. official told Reuters on Wednesday.
Chevron is expected to receive an expanded Venezuela license from the U.S. this week that could allow for increased production from the South American country, oil industry sources told Reuters.
Max Layton, Citi global head of commodities, joins 'The Exchange' to discuss recent oil prices, the impact to gasoline prices and much more.
Nasdaq-100 breaks 50-day MA at 25,601 while S&P 500 pierces trendline at 6,949. Tech stocks down 2.09% as profit-taking pressures US indices today.
Oil markets wait for the potential U.S. attack on Iran.

Chart of the Day: Oil's big bounce

01:30pm, Wednesday, 14'th Jan 2026
Oil rebounding over the past week on rising tensions in Iran and Venezuela. It's our Chart of the Day.
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 350 points on Wednesday.
Alex Cranberg, a self-described wildcatter, says he wants U.S. companies to be “bold but smart” in the region.

U.S. Crude Oil Stockpiles Post Weekly Increase

11:19am, Wednesday, 14'th Jan 2026
Crude oil inventories increased by 3.4 million barrels to 422.4 million barrels last week as imports rose, said the U.S. Energy Information Administration.
Morning Brief anchor Julie Hyman breaks down the latest market news for January 14, 2026. Earnings for Bank of America, Wells Fargo, and Citigroup were released on Wednesday morning.
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