tldrdaily.news logo
Tag

Oil

All articles tagged with #oil

markets1 hour ago

Oil Dips as Markets Digest Iran Tensions and AI Bets

Oil fell for the first time in six days after Trump signaled restraint toward Iran, while metals slid and Asian shares were mixed; US futures slipped on a rotation out of tech even as the Russell 2000 outpaced the S&P 500, and US data showed November retail sales rose with a modest uptick in wholesale inflation—keeping Fed-cut expectations in focus. Corporate moves highlighted OpenAI-Cerebras, Alphabet Gemini expansion, Infosys forecast lift, and Toyota’s privatization bid, underscoring a cautious, uneven global market backdrop.

via Bloomberg.com|
#ai#asia#inflation
astronomy13 hours ago

Milankovitch cycles reveal where ancient shale oil formed

Researchers link Milankovitch orbital cycles to the formation of shale oil in the Sichuan Basin, showing that wetter periods during high orbital eccentricity produced organic-rich lake muds that later became shale reservoirs. By combining crust/mantle data, rock cores, and Jurassic lake-mud gamma-ray records, they align sediment layers with orbital timing to better predict where high-quality shale oil formed. The study, published Sept. 30, 2025, notes shale oil’s extraction via fracking and related environmental concerns, but the method could improve exploration targeting.

via Space|
#astronomy#milankovitch#oil
markets16 hours ago

Oil spikes as Iran tensions and Powell feud shake markets

U.S. stocks declined while oil jumped on Iran-related headlines and ongoing concerns about Federal Reserve independence after Trump’s attacks on Powell, even as December core CPI came in cooler than expected; JPMorgan beat earnings but its shares fell, and investors weighed geopolitical risk against central-bank credibility and related tech news.

via CNBC|
#cpi#iran#markets
politics1 day ago

Beating the Bad Guys by Becoming Them: Trump's Resource-Grab Foreign Policy

Will Saletan argues that Trump’s strategy is to outpace rivals by preemptively seizing wealth and resources—pushing for Venezuelan oil extraction with American firms, pursuing control of Greenland, and leveraging mineral deals in Ukraine—essentially beating the bad guys by becoming the bad guys, a trend he views as a dangerous shift in U.S. foreign policy.

via The Bulwark|
#geopolitics#greenland#oil
business1 day ago

Trump’s Venezuelan Oil Push Could Reshape Markets, But Changes Will Take Years

Trump’s plan to revive Venezuela’s oil is expected to take years and hinge on political and legal reforms, but could shift energy dynamics: U.S. producers like Chevron and Gulf Coast refiners would benefit from access to heavy Venezuelan crude, potentially giving Washington more influence over markets and helping lower domestic gasoline prices; losers could include countries and firms tied to Venezuela or China’s teapot refineries if flows shift or prices fall. Analysts project Venezuelan output rising to about 1.5 million barrels per day in 12–24 months—still a small share of global supply—while investment remains uncertain, with Exxon calling the plan “uninvestable” without governance changes, though Repsol, Eni, Shell and Valero indicate readiness to expand and Canadian heavy-crude exporters may face squeezes.

via The New York Times|
#business#heavy-crude#oil
politics1 day ago

Exxon's Venezuela candor tests Trump's oil gambit

Exxon Mobil CEO Darren Woods told President Trump that Venezuela is 'uninvestable,' a blunt assessment echoed by other oil leaders; Trump reacted negatively, signaling limits to U.S. investment, while industry cautions say any reconstruction would require major political and legal reforms and security guarantees, with Chevron currently the only major international operator in Venezuela, illustrating the risk and optics at the White House meeting.

via Bloomberg.com|
#energy-policy#exxon-mobil#oil
world1 day ago

Trump’s Venezuelan Oil Push Tests the Reach of U.S. Energy Power

President Trump’s push to gain control over Venezuela’s oil exports under a broader energy-dominance strategy could expand U.S. influence in global energy markets, potentially reducing reliance on Middle Eastern producers and increasing leverage over rivals like China. Analysts warn the effort could provoke pushback and face real-world obstacles, while international players—including Russia and China—watch warily for how Washington might use Latin American oil as a tool of strategic pressure.

via The New York Times|
#energy-dominance#geopolitics#oil
world1 day ago

Polls show Americans wary of Trump's Venezuela gambit

Daily Kos’ Survey Says roundup finds Americans split on Trump’s Venezuela operation: broad disapproval mixed with a sizable undecided group, and a clear preference for congressional authorization before future strikes. Voters largely view oil motives as the main driver but don’t support U.S. oil-control of Venezuela, with only about a quarter backing it, while concerns about getting drawn into a larger conflict remain high. Confidence in Trump’s crisis management is low, and the prospect of a prolonged intervention could be politically costly if the venture drags on.

via Daily Kos|
#donaldtrump#nicolasmaduro#oil
business2 days ago

Vitol and Trafigura clinch early control of Venezuela’s crude exports

Vitol and Trafigura moved fastest to secure and export Venezuelan crude after U.S. sanctions, earning preliminary licenses and lining up the first cargo as U.S. majors avoid credit, legal and compliance risks. A $2 billion deal aims to sell up to 50 million barrels to U.S. refiners and other buyers, with revenue to flow to Venezuela under U.S. supervision. Chevron remains the only U.S. major active in Venezuela, while Exxon and Conocoface investor concerns; China continues to be a major buyer and creditor. The move highlights how trading houses’ global networks and risk tolerance give them an edge in restarting Venezuelan oil flows.

via Reuters|
#business#oil#sanctions
world2 days ago

US firms may take financial stake in Venezuela’s oil, energy secretary says

Energy Secretary Chris Wright says it’s a “very real possibility” American companies will expand their financial stake in Venezuela’s oil as Maduro’s era ends; the US is controlling the sale of Venezuelan crude through American marketers and directing proceeds to help Venezuelans and the United States, while pursuing a transition to a representative government, though no legitimate government is in place yet.

via CBS News|
#energy-policy#geopolitics#oil