Monday, June 15, 2026

U.S. weighs more sanctions on Venezuela to halt fuel deals: Bloomberg

Reuters The administration of U.S. President Donald Trump is weighing additional sanctions on Venezuela aimed at halting the remaining fuel transactions permitted with the Latin American country, Bloomberg reported late on Tuesday. The step could target crude swaps with companies in Europe and Asia, the report added, citing people familiar with the matter. The sanctions have not been finalized and

Options trader bets nearly $500,000 on a big turnaround for one energy name- oil and gas 360

Options trader bets nearly $500,000 on a big turnaround for one energy name

CNBC It’s no secret how hard integrated oil names have been hit this year due to the global economic consequences of the coronavirus pandemic, and Occidental Petroleum has been among the worst hit of all the companies in the space. The stock has lost more than 60% of its value since the beginning of the year, leading Warren Buffett’s Berkshire Hathaway to liquidate its stake in