Crude futures pick up from early losses and add to yesterday’s gains as the U.S. steps up actions in the Caribbean to cut off Venezuela’s oil trade and increase pressure on the country’s strongman Nicolás Maduro.

Oil prices were little changed on Tuesday as potential sales of Venezuelan crude seized by the United States were countered by heightened supply disruption fears after Ukrainian attacks on Russian vessels and piers.

There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending gasoline under $3 a gallon at the pump in the US.

Wyoming oil and gas operators are cheering a BLM announcement last week to delay a Biden-era 1,400% hike on bonding costs. The huge increase threatened

Tanker loading in Venezuela dwindled on Monday, following U.S. action against two more ships and as state-run energy company PDVSA struggles to recover from a cyberattack.

Like so many Taylor Sheridan series, “Landman” examines a unique American subculture. In this case, it’s the oil drilling ecosystem that draws workers and billionaires alike to Texas. Series co-creator Christian Wallace is the man on set who keeps things realistic.

Strikes on four vessels signal that Kyiv is willing to expand the maritime theater of the conflict in an effort to crimp Moscow’s military funding.

About 70% of the country’s oil exports rely on a fleet of sanctioned vessels now being targeted by the U.S. military.