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    • Obama Administration & Oil

Obama Administration & Oil Newsletter
  • Venezuela power play: Washington, Caracas reach deal to have US$2b worth of crude oil sent to US 07 Jan 2026 16:01 GMT

    Global oil prices tracking lower as China denounced the US as a bully, after the White House said it had persuaded Venezuela to divert supplies from Beijing and import up to US$2 billion worth of embargoed crude. Janiv Shah, Vice President of Commodity …

  • Trump considers ‘all options’, including military, to acquire Greenland: White House 07 Jan 2026 14:00 GMT

    … Washington, Jan 7: The White House on Tuesday said US … a national security priority. White House Press Secretary Karoline Leavitt said … Air Force One. Senior White House aide Stephen Miller further … as its vast reserves of oil, gas and rare earth minerals. …

  • Crude oil slumps, shares retreat as global tensions intensify 07 Jan 2026 12:47 GMT

    Crude futures slid and shares in Asia retreated as markets grappled with the ramifications of the political upheaval in Venezuela and the fate of its petroleum reserves. Oil prices extended their slide after U.S. President Donald Trump said Venezuela will …

  • Daily Briefing: Crude oil conference 07 Jan 2026 12:04 GMT

    … 39;s coaching carousel. Oil execs to meet about … #39;s production of crude oil has dropped precipitously since … 50 million barrels of oil after his administration captured … use force against Greenland? White House Press Secretary Karoline Leavitt said …

  • Energy Secretary Wright details plans for US control of Venezuelan oil 07 Jan 2026 18:27 GMT

    … take control of Venezuela’s oil. Wednesday morning, Energy Secretary … the Venezuelans and the oil and gas companies that were there … S., as Wright said. The White House declined to comment but did … not, of course, just oil and gas. Think of the electricity …

  • The US will control Venezuela's oil exports "indefinitely". 07 Jan 2026 17:30 GMT

    … to maintain control over Venezuelan crude oil exports indefinitely as part of … in stabilizing and boosting Venezuelan crude oil production, facilitating the import of … . The White House occupant indicated in the same message that this crude oil

  • Rubio says U.S. will control money from sales of Venezuelan oil 07 Jan 2026 17:46 GMT

    … at market rates." Crude oil prices have hovered around … / Getty Images White House press secretary Karoline Leavitt told … already begun marketing Venezuelan crude oil in the global marketplace … financial support for these crude oil and crude product …

  • CNN’s Kaitlan Collins Calls Out Trump Saying We Should Seize Oil on Camera for Years 07 Jan 2026 15:02 GMT

    … from a new sale of crude oil. On Tuesday night’s edition … past statements on “keeping the oil” from foriegn wars, and presented … later this week at the White House. And ahead of that meeting … said, keep the oil. Keep the oil. Keep the oil. Don’t let …

  • Trump says he will control money from sale of Venezuelan oil 07 Jan 2026 15:17 GMT

    … a blockade on sanctioned oil tankers approaching or leaving … PDVSA, had been redirecting crude oil into storage tanks and turning … . During Trump’s first White House term, he banned US … favor America when selling heavy crude oil,” ABC added, citing unnamed …

  • Venezuela to Send Up to 50 Million Barrels of Oil to United States 07 Jan 2026 17:12 GMT

    … and 50 million barrels of crude oil to the United States, … the plan immediately, with oil transported via storage ships … had been “kidnapped.” The White House is planning a meeting on … to rehabilitate Venezuela’s aging oil infrastructure. Chevron remains the …

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