$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Money from sale of Venezuelan oil to be held in US-controlled bank accounts, Energy Dept says
12:32pm, Wednesday, 07'th Jan 2026
The U.S. has begun marketing Venezuelan oil and all proceeds from its sale will initially settle in U.S.-controlled accounts at globally recognized banks, the Department of Energy said in a statement
Crude Oil Down 2%; ISM Services PMI Surges In December
12:25pm, Wednesday, 07'th Jan 2026
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 150 points on Wednesday.
Trump Says Venezuela Will Send Up to 50 Million Barrels of Oil to US
12:20pm, Wednesday, 07'th Jan 2026
President Donald Trump said Venezuela would relinquish as much as 50 million barrels of oil to the US, worth roughly $2.8 billion at the current market price, announcing the cargoes would be sold wi
Trump's energy strategy sends Venezuelan oil flowing back to America
12:15pm, Wednesday, 07'th Jan 2026
Former Energy Secretary Rick Perry joins ‘Varney & Co.' to discuss Venezuelan oil flowing to the US, President Donald Trump's energy strategy and the growing threat from China.
US Seizes Two Sanctioned Oil Tankers From Russia's 'Shadow Fleet'
12:13pm, Wednesday, 07'th Jan 2026
Stephanie Baker, Bloomberg News Senior Writer, discusses the US seizure of a Russia-flagged ship after a chase that began in late December. US forces seized a Russia-flagged ship in the north Atlantic
Venezuela will ship sanctioned oil to U.S. indefinitely: Here's what you need to know
11:37am, Wednesday, 07'th Jan 2026
CNBC's Brian Sullivan joins ‘Money Movers' to report on the latest developments surrounding Venezuela.
Sheinbaum says Mexico has not increased oil shipments to Cuba amid Venezuela situation
11:33am, Wednesday, 07'th Jan 2026
Mexican President Claudia Sheinbaum said on Wednesday that Mexico is not sending more oil to Cuba than it has historically, but amid recent events in Venezuela, Mexico has turned into an "important su
U.S. Crude Oil Stockpiles Fall More Than Expected
11:32am, Wednesday, 07'th Jan 2026
U.S. crude oil inventories fell by 3.8 million barrels to 419.1 million barrels in the week ended Jan. 2 and were about 3% below the five-year average for the time of year, the EIA said.
Gauging Venezuela's Impact on Oil & U.S. Private Payrolls
11:30am, Wednesday, 07'th Jan 2026
@CharlesSchwab's Kevin Gordon notes the 50 million barrels of oil the U.S. will reportedly hold for Venezuela is "not economically significant" for the U.S. As for the U.S. jobs picture, he talks abou
Will Maduro's removal lead to a Venezuelan oil revival?
11:19am, Wednesday, 07'th Jan 2026
Venezuela is sitting on, by some measures, the biggest oil reserves in the world. And yet in the immediate wake of Nicolás Maduro's capture by US forces, the actual price of oil has moved very little
US Seizes Two Oil Tankers as Part of Venezuela Blockade
11:00am, Wednesday, 07'th Jan 2026
US forces seized two more sanctioned oil tankers, the M/V Bella 1 and the M/T Sophia, as part of its energy quarantine of Venezuela. Homeland Security Secretary Kristi says the ships were part of Russ
Oil sales from Venezuela to continue indefinitely, sanctions will be reduced, sources tell CNBC
11:00am, Wednesday, 07'th Jan 2026
Oil sales from Venezuela will continue indefinitely and U.S. sanctions against Caracas will be reduced, sources close to the White House told CNBC on Wednesday. President Donald Trump said Tuesday tha
UK supported US mission to seize Russian oil tanker, MoD says
10:46am, Wednesday, 07'th Jan 2026
Britain provided support to the United States in its operation to seize a Russian-flagged oil tanker in the North Atlantic, the Ministry of Defence said on Wednesday.
Trump to meet with oil executives about Venezuela on Friday
09:51am, Wednesday, 07'th Jan 2026
President Donald Trump is set to host executives from leading U.S. oil companies at the White House on Friday following the arrest of Venezuelan leader Nicolás Maduro.
Warren Buffett's Chevron bet stands to gain if the US delivers a Venezuelan oil boom
09:33am, Wednesday, 07'th Jan 2026
The Trump administration has captured Venezuela's leader and said it will revive its oil industry. Chevron stands to gain as it's the only US major still operating in Venezuela.
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