Dow Jones Top Energy Headlines at 12 AM ET: The $8 Billion Black Market for Venezuelan Oil Is Suddenly Closing Down | BP ...

MorningStar
2025.12.18 05:30
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The $8 billion black market for Venezuelan oil is closing down as the U.S. military targets sanctioned vessels. BP appoints Meg O'Neill as CEO. U.S. crude oil stockpiles fall for the second week. TransAlta ordered to keep a coal plant open for 90 days. Oil prices rise due to Trump's Venezuela blockade. 2025 sees historic low oil prices. Market insights on energy and utilities. Trump escalates pressure on Venezuela. Chevron unaffected by U.S. tanker seizure. Gas prices near a 5-year low. EU sanctions hit Russian oil traders.