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Crude Oil News

Vitol Offers Venezuelan Crude Oil to China at Narrower Discount around $5 per Barrel

January 19, 2026 Clark Savage

In a significant shift for global energy markets, Vitol, the world’s largest independent oil trader, has begun offering Venezuelan Merey heavy sour crude to Chinese refiners at a narrowed discount of approximately $5 per barrel […]

Crude Oil News

US Seizes Another Dark Fleet Tanker: Tightening the Grip on Sanctioned Oil Flows

January 17, 2026 Clark Savage

In a bold escalation of its campaign against illicit oil trading, the United States has seized yet another vessel from the shadowy “dark fleet” — a network of aging tankers that evade international sanctions to […]

Crude Oil News

How Are the Oil Markets Shifting in Real Time?

January 12, 2026 Clark Savage

As we kick off 2026, the global oil landscape is a whirlwind of geopolitical maneuvers, supply gluts, and shifting alliances. With Brent crude hovering around $59 per barrel and a projected surplus of 1-3.8 million […]

How Venezuela and Sanctions may Impact - Source ENB
Crude Oil News

Vitol and Trafigura Group discussing sales of Venezuelan Oil to Asia’s Big Buyers

January 12, 2026 Clark Savage

In a significant development for global energy markets, commodity trading giants Vitol Group and Trafigura Group have initiated discussions with major refiners in India and China regarding the sale of Venezuelan crude oil. This move […]

Big Oil Companies

President Trump Meets with Oil and Gas Executives on Venezuela

January 9, 2026 Clark Savage

  If you have been watching the internet, you have seen Secretary Rubio taking so many jobs, and AI putting him in outfits is priceless. And I loved the Babalon Bee’s article saying that we […]

Crude Oil News

Another Dark Fleet Tanker Boarded and Seized: U.S. Intensifies Crackdown on Sanctioned Oil Flows

January 9, 2026 Clark Savage

In a bold pre-dawn operation on January 9, 2026, U.S. forces from Joint Task Force Southern Spear boarded and seized the motor tanker Olina in the Caribbean Sea, marking the fifth such interception in recent […]

Crude Oil News

Sanctioned Tankers Load Venezuelan Oil Despite US Pressure

December 23, 2025 Clark Savage

In a bold defiance of escalating US pressure, sanctioned tankers continue to load Venezuelan oil off the country’s coast, even as the Trump administration ramps up its naval blockade to cut off revenue streams for […]

Market Dysfunction Rather Than a Glut - Energy News Beat - Source: ENB
Crude Oil News

Oil Glut and Surging Barrels at Sea Have Spooked Oil Traders and the Market, but Is This Market Dysfunction Rather Than a Glut?

December 23, 2025 Clark Savage

In the volatile world of global energy markets, the sight of surging oil barrels floating at sea has sent shockwaves through traders and investors. As of late 2025, global crude supplies have ballooned, with an […]

Trump Administration Intercepts a Second Tanker in Venezuela Oil Tanker Blockade - ENB
Crude Oil News

Trump Administration Intercepts a Second Tanker in Venezuela Oil Tanker Blockade – Update US Is Said to Board Third Tanker Off Venezuela as Tensions Mount

December 20, 2025 Clark Savage

In a bold escalation of tensions between the United States and Venezuela, the Trump administration has intercepted a second oil tanker amid an ongoing blockade aimed at crippling the Maduro regime’s oil exports. On December […]

Sanctions Through Drone Strikes Now in the Mediterranean - ENB
Crude Oil News

Sanctions through Drone Strikes now in the Mediterranean

December 20, 2025 Clark Savage

In a bold escalation of its campaign against Russia’s shadow fleet, Ukraine has carried out its first drone strike on a Russian-linked oil tanker in the Mediterranean Sea, marking a significant expansion of the conflict […]

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