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US seizes Russian-flagged tanker amid Venezuelan oil crackdown

The United States captured a Russian-flagged oil tanker on Wednesday following a more than two-week pursuit across the Atlantic, according to US authorities, as part of a continued attempt to halt Venezuelan oil exports. The Marinera, originally known as the Bella-1, has previously avoided US naval blockades in the Caribbean and resisted Coast Guard boarding

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Oil

US midday market brief: stocks near record highs as energy, macro data temper broad rally

US stock markets pushed to fresh intraday records on Wednesday before investors locked in early gains, leaving the Dow down roughly 0.5% and the S&P 500 essentially flat. The day’s mixed trading reflected a familiar tension: strong economic data from the services sector clashed with weak employment numbers. Energy refiners, led by Valero’s 3% gain

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Oil

Morning brief: Asian markets jittery as oil steadies; Samsung flags record profits

Asian markets traded unevenly on Thursday as investors weighed geopolitical risks, mixed signals from the US labour market, and sharp moves in commodities, while corporate earnings optimism was led by Samsung Electronics, which expects record quarterly profits on the back of an AI-driven memory chip boom. The day’s developments also included escalating US actions on

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US West Coast jet fuel premium hits two-year high on supply crunch

The difference in price (premium) for immediate delivery of US West Coast jet fuel sold to Asia has expanded to its largest margin in almost two years, according to LSEG data released on Thursday, and quoted in a Reuters report.  The growing disparity in pricing can be attributed to two key factors affecting global jet

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Oil

US-backed deals draw oil, trading giants to export Venezuelan crude: report

US government-backed deals to export Venezuelan crude from the beleaguered South American country have attracted interest from some of the world’s biggest majors and international trading houses, ramping up the importance of the country’s energy reserves in the wake of political changes. Oil major Chevron Corp and the global trading houses Vitol, Trafigura, and others have

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Oil

Morning brief: Asian markets cautious; major oil companies circle on Venezuela

Asian markets traded mixed on Friday as investors stayed on the sidelines ahead of a key US jobs report and a potentially market-moving Supreme Court ruling on the legality of President Donald Trump’s global tariffs. At the same time, developments around Venezuela’s oil sector, fresh data on China’s inflation, and a legal challenge by US

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Oil

US seizes Olina tanker in Caribbean as actions against Venezuelan oil continue

The United States has seized the oil tanker Olina in the Caribbean, as per a Reuters report. This marks the fifth vessel targeted in recent weeks as part of Washington’s efforts to restrict Venezuelan oil exports, the report added. Data from the shipping database Equasis shows the tanker was operating under a false Timor-Leste flag.

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Oil

Zcash devs launch cashZ wallet after split from Electric Coin Company

Zcash developers have announced plans to launch a new wallet for the privacy token less than a day after their sudden exit from Electric Coin Company. “We are all in on Zcash. We need to scale Zcash to billions of users. Startups can scale, but nonprofits can’t. That’s why we created a new Zcash startup,”

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Nvidia names Google veteran Alison Wagonfeld as its first CMO

Nvidia has appointed a senior Google executive as its first chief marketing officer, marking a notable expansion of its leadership team as the chipmaker enters what it has described as its next phase of growth driven by artificial intelligence. Alison Wagonfeld, who has spent nearly a decade at Google, will join Nvidia in February to

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Oil

A $10-trillion reckoning: how a Chinese invasion of Taiwan would upend markets

The United States has just crossed a historic line: deploying its military into Venezuela to capture the sitting president of a sovereign nation. Whatever one thinks of Nicolás Maduro, the message was unmistakable. Power, not protocol, is shaping the new politics of the Western Hemisphere—and the world is watching. Precedents travel fast. If Washington can

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