In a bold move, President Trump signals intentions to seize more oil tankers off Venezuela's coast, escalating pressure on Maduro. The U.S. already seized a tanker transporting oil to Iran, with more actions expected soon. What does this mean for global oil markets and U.S.-Venezuela relations?
In a dramatic turn of events, U.S. forces seized the largest oil tanker off the coast of Venezuela, escalating tensions with President Maduro. Crude oil prices rise as Trump hints at further military action.
US President Trump and Venezuelan leader Maduro recently spoke as tensions escalate. With a military buildup in the Caribbean and accusations of a drug cartel, the future remains uncertain. Is this the beginning of a larger conflict?
Venezuelan President Nicolás Maduro makes a surprise appearance at a coffee awards event, dispelling rumors of his fleeing as tensions with the US escalate over military actions and oil control.
OPEC+ has decided to implement a small oil output increase for December while pausing further increases in early 2026, responding to fears of a looming supply glut and new sanctions on Russia. This strategic move aims to manage market stability amid fluctuating oil prices.
Oil prices increased by 1.5% after OPEC+ announced a modest production hike, raising questions about supply and demand dynamics in the market. Analysts caution that weak demand could cap future gains.
In a surprising move, OPEC+ will raise oil output by 137,000 bpd starting in November, amidst concerns of a looming supply glut. With differing opinions from major players like Russia and Saudi Arabia, the oil market faces uncertainty ahead.
As Asia's markets inch upward, all eyes are on the looming U.S. government shutdown that threatens to delay crucial jobs data. Will the Federal Reserve be left in the dark? Find out how this impacts gold, oil, and currencies.
As investors brace for a potential U.S. government shutdown, Asian markets display caution. Key meetings and economic data delays could impact future Fed decisions and market stability.
Oil prices rebounded Monday as OPEC+ announced a modest output hike, despite looming sanctions against Russian crude. Analysts suggest this is a strategic shift in market dynamics as traders react to new developments.