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  • Trump’s Venezuela Oil Gambit Sparks Alarm Across the U.S. Shale Patch January 9, 2026
    Donald Trump’s plans to take over Venezuela’s oil industry could have a negative impact on U.S. oil companies, executives from the shale patch have warned, per a Financial Times report that cited several of them. The problem that executives see with the Venezuelan takeover plan is that it would drive oil prices lower, and many […]
  • Oil Prices Climb as Geopolitical Risk Rises Rapidly January 9, 2026
    Oil prices continued to climb in early Asian trade on Friday morning after posting a sharp increase on Thursday, with the market again pricing in geopolitical risk across multiple key producers and shipping routes. At the time of writing, West Texas Intermediate was trading around $58.27 per barrel, up by 0.85% or $0.49. On Thursday, […]
  • Why Trump Underestimates the Challenge of Reviving Venezuela’s Oil January 9, 2026
    Earlier in the week, U.S. President Donald Trump announced that Venezuela’s interim authorities will be turning over up to 50 million barrels of oil to the United States, before later declaring his administration will control Venezuela's oil sales 'indefinitely'. Trump has decried the state of Venezuela’s oil sector, noting that the country is producing well […]
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