Crude oil sliced to a fresh pullback low of $57.04 Thursday, slightly undercutting the prior $57.21 November low and threatening a decisive breakdown of the 88.6% Fibonacci zone while trading near the
The U.S. is preparing to seize more oil tankers off Venezuela's coast as the Trump administration ramps up pressure on President Nicolas Maduro, sources familiar with the matter told Reuters Thursday.
CNBC's “Power Lunch” team discusses reports that the U.S. is preparing to seize more oil tankers off the coast of Venezuela with Michelle Caruso-Cabrera, CEO of MCC Global Enterprises.
CNBC's Eamon Javers breaks down reporting from Reuters about how the U.S. is preparing to seize more oil tankers off the coast of Venezuela.
U.S. preparing to seize more oil tankers off Venezuela coast: Report
Oil markets are under strong pressure as traders worry about supply glut.
President Trump suggested the U.S. would keep the oil from the seized Venezuelan ship, but typically seized assets are sold. The U.S. government often sells confiscated goods and keeps the proceeds, e
Wendy Schiller, Professor of Political Science at Brown University, discusses the US's seizure of a sanctioned ship off the Venezuela coast, President Trump's latest approval rating drop, and the outl
The big crude oil tanker that U.S. forces seized off Venezuela's coast on Wednesday has since 2024 has repeatedly hid its actual location. The tanker Skipper has carried sanctioned oil from Iran and V
US forces intercepted and seized a sanctioned oil tanker off the coast of Venezuela, marking a serious escalation of tensions between the two countries. This is video that US Attorney General Pam Bon
Oil extends its decline on Thursday as oversupply from Russia, the U.S., and OPEC keeps rallies limited. Key EMA levels cap upside, and both Brent and WTI hover near major support zones that could tri
The Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output hikes in early 2026, but modestly raised its forecast for this year's supply
Crude oil falls below key Fibonacci levels as Ukraine tensions, tanker seizures, and IEA demand outlook shifts pressure the market toward a bearish short-term view.

The New Geopolitical Wildcard Is Venezuelan Oil

07:15am, Thursday, 11'th Dec 2025
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The projected global crude oil surplus in the fourth quarter of 2025 has narrowed due to a halt in production, the International Energy Agency said on Thursday.  Meanwhile, the forecast for global cr
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