Big Oil Wary of Rushing Back to Venezuela, Analysts Say
Despite Donald Trump's call for US oil firms to invest billions in Venezuela's crumbling industry, experts warn of high costs and political risks. Discover why a stampede is unlikely.
Category : Search result: heavy crude oil
Trump's Venezuela Oil Plan: A Muted Market Response
Donald Trump's plan to extract wealth from Venezuela's heavy crude is a long-term play for US Gulf Coast refineries. We analyse the muted market reaction and the $185bn challenge.
US monitors tanker off Ireland in Venezuela oil blockade
A US military aircraft is tracking a sanctioned oil tanker 250 miles off Ireland, part of a major naval quarantine on Venezuelan oil. At least a dozen other vessels are attempting to evade the blockade. Read the latest developments.
Oil falls on Trump's Venezuela pledge to unlock reserves
Brent crude dropped to $60.33 as markets assess the impact of US intervention in Venezuela's vast oil industry. A former Chevron executive seeks $2bn for projects. Read the latest analysis.
US aims to revive Venezuela's oil after Maduro's removal
Following the US intervention in Venezuela, Donald Trump pledges billions in American investment to tap the world's largest oil reserves. We analyse the challenges and global market impact. Read the full analysis.
US Role in Venezuela's 'Bust' Oil Industry Explained
Analysis of Trump's plan for US oil majors to invest billions in Venezuela's crippled industry. Can it work, and what does it mean for China and global markets?
Trump's Plan for Venezuela's Vast Oil Reserves Explained
Donald Trump vows the US will 'run' Venezuela to tap its oil, the world's largest reserves. We analyse the strategic and economic drivers behind this high-stakes move. Read the full story.
Trump's Plan for Venezuela's Vast Oil Reserves
Donald Trump vows the US will 'run' Venezuela and tap its vast oil reserves. We explain the strategic importance of its 303 billion barrels and the huge challenges ahead.
US Oil Firms Silent on Trump's Venezuela Investment Claims
Donald Trump says US oil majors will spend billions rebuilding Venezuela's industry, but Chevron, ExxonMobil, and ConocoPhillips have not confirmed. Analysis reveals major hurdles.
Amber snow warnings as UK faces wintry 2026 start
The Met Office has upgraded snow warnings to amber for parts of Scotland, with heavy snow, travel disruption, and power cuts likely. Get the latest UK weather forecast and travel advice.
Oil prices record biggest annual fall since Covid pandemic
Global oil markets have suffered their sharpest annual decline since 2020, with prices crashing nearly 20% in 2025. Analysts warn the slide could continue into 2026 as oversupply persists. Discover the impact on fuel prices and inflation.
US Bomb Cyclone Leaves 120,000 Without Power, Snow Hits 3ft
A fierce winter storm, classified as a bomb cyclone, has brought heavy snow, strong winds, and power cuts across the US. Read the latest on the severe weather impacts and forecasts.
Heavy snow and amber cold health alert issued for UK
The Met Office warns of heavy snow and ice for Scotland, with an amber cold health alert for northern England. Temperatures to plummet, posing serious risks to vulnerable populations.
Silver Hits Record High Above $80 Before Retreating
Precious metals surge to new peaks as 2025 rally continues. Oil prices rise on Middle East tensions. Get the latest on global markets and the Trump-Zelenskyy meeting.
Shoppers Rave About Victoria Beckham's £90 Body Oil
Victoria Beckham's luxury Portofino '97 body oil, priced at £90, is receiving glowing reviews for its scent and shimmer, though some note packaging issues. Discover the premium alternative and a budget dupe.
Queensland flood warnings as 500mm rain forecast
North Queensland faces days of torrential rain with up to 500mm forecast, triggering severe flood warnings and livestock threats. Stay informed with the latest BoM alerts.
Ukraine hits Russian refinery with UK's Storm Shadow missiles
Ukrainian forces target a key Russian oil plant with British-supplied missiles. Zelenskyy holds talks with Trump envoys as a court jails a pro-war Putin critic. Get the latest on day 1,402.
Ukraine hits key Russian oil refinery with British missiles
Ukrainian forces have struck a major Russian oil refinery using British-supplied Storm Shadow missiles, targeting a key fuel supplier for Moscow's war effort. Read the latest on the escalating energy infrastructure attacks.
US Orders 'Quarantine' of Venezuelan Oil Shipments
The White House directs the US military to enforce a two-month oil 'quarantine' on Venezuela, escalating economic pressure on President Maduro. Read the latest on this strategic shift.
Zelenskyy proposes demilitarised zone in eastern Ukraine
Ukrainian President offers troop withdrawal from Donbas for a monitored demilitarised zone. New poll suggests Russians expect war to end by 2026. Read the latest from day 1,401.
Trump's 'Resource Imperialism' on Venezuela Oil, Experts Warn
Experts condemn Donald Trump's push to seize Venezuelan oil as part of a broader 'resource imperialism' doctrine, drawing stark parallels with the Iraq war. Read the full analysis.
US Immigration Detention Hits Record High
ICE holds over 68,400 people, a new record, as Trump's mass deportation operation continues. Plus, Trump on Epstein files and global tensions over Venezuela.
US in 'Active Pursuit' of Third Venezuelan Oil Tanker
US forces are chasing a sanctioned 'ghost ship' near Venezuela, aiming to seize it. This marks the third such incident this month following Trump's blockade order. Read the latest developments.
US Pursues Third Tanker in Venezuela Maritime Standoff
US officials confirm an 'active pursuit' of a third sanctioned oil tanker near Venezuela, escalating tensions with Maduro's government. Read the latest on the Caribbean naval crisis.
Third US oil tanker pursuit off Venezuela in a week
US Coast Guard tracks another sanctioned oil tanker near Venezuela, escalating tensions. Trump's 'blockade' and military moves threaten regional stability and oil prices. Read the latest.
US Forces Seize Second Venezuelan Oil Tanker
US Coast Guard, backed by the Department of War, has intercepted a second vessel near Venezuela. The pre-dawn operation follows a similar seizure earlier in December. Read the full report.
Ukraine Drone Attack on Russian Tanker in Mediterranean
Ukraine's unprecedented drone strike on a Russian oil tanker highlights the explosive growth of the sanctions-busting 'shadow fleet' and rising fears of military confrontation. Read the full analysis.
US seizes second Venezuela oil tanker amid rising tensions
US forces intercept another Venezuelan oil tanker near its coast. President Trump escalates pressure on Maduro, refusing to rule out military conflict. Read the latest developments.
Ukrainian drones hit Caspian Sea oil rig in long-range strike
Ukrainian forces launch a long-range drone attack on a Russian oil platform in the Caspian Sea, over 700km from the border. Meanwhile, the US offers to chair trilateral peace talks. Read the latest from day 1,397.
US seizes second Venezuela tanker, Brazil issues warning
The US has seized another sanctioned oil tanker near Venezuela, prompting a stark warning from Brazil's President Lula against armed intervention. Read the latest on the escalating crisis.
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