Trump announces deal giving US majority control of Venezuela’s oil reserves
President Trump announced that the United States has secured majority control of more than 65 billion barrels of Venezuelan oil…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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US-UAE economic isolation campaign targets Iran’s Dubai trade lifeline
The US and the UAE are moving to cut Iran off from Dubai, the offshore hub that has kept Tehran's…
Trump to meet oil refining executives as gasoline prices top $4 a gallon
President Trump will meet US oil refining executives in early September 2026 to press them on cutting gasoline prices, which…
Hedge funds increase bullish bets on US gasoline as conflict squeezes supply
Hedge funds pushed net long positions in NYMEX RBOB gasoline futures and options up by 5,533 lots in the week…
Iran’s oil exports collapse to 260,000 barrels a day as US sanctions and Hormuz tensions bite
Iranian crude exports have collapsed to roughly 260,000 barrels per day in August 2026, and Tehran's central bank says oil…
