Monday, January 12, 2026

US oil companies shares advance as Trump signals potential access to Venezuela’s reserves

U.S. plans talks with oil firms as Venezuela, holder of world’s largest reserves, struggles with output declines after nationalisation and sanctions

Asian stocks extend record rally while oil, dollar drift

Regional shares take cues from Dow's climb to all-time peak; Oil searches for direction in aftermath of Venezuela raid

Trump warns of higher tariffs on India over Russian oil purchases

India holds firm on U.S. trade demands as oil imports from Russia decline and refiners face tighter disclosure rules

Samsung to double mobile devices powered by Google’s Gemini to 800 million units this year

We will apply AI to all products, all functions, and all services as quickly as possible, says Samsung’s co-CEO 

US pushes oil majors to invest big in Venezuela if they want to recover debts

Trump admin wants US oil giants to finance investment to revive Venezuelan oil sector despite security, legal and political risks 

Oil prices edge lower as ample supplies offset Venezuela disruption concerns

Brent slips to $60.54 a barrel, WTI falls to $57.04 in early trade

Venezuela moves to cut oil output due to US export embargo

More than 17 million barrels of oil remain stuck in ships; Venezuela's state-run oil company PDVSA’s move includes shutting down oilfields, well clusters as onshore stocks mount

OPEC+ keeps oil output steady amid turmoil among members

Eight OPEC+ members reaffirm existing policy; Analysts doubt quick boost in Venezuelan oil output

Stocks climb, oil volatile as investors assess Venezuela implications

Oil futures choppy, Brent up 0.3%; Nikkei 225 gains 2.8%; Korea, Taiwan markets hit record highs; Dollar clings to gains after five-day advance

Tesla loses EV crown to China’s BYD as competition, tax credit expiry hit demand

Tesla sales drop 8.6% in 2025 amid intense competition, while BYD's sales outside China rise 150% to a record 1 million vehicles.

Trump blocks chips deal, cites security, China-related concerns

Trump orders review of HieFo's acquisition of Emcore, citing national security concerns over Chinese control

Oil prices settle lower after biggest annual loss since 2020

Brent crude closes at $60.75, U.S. WTI at $57.32, both down by 10 cents.

Precious metals rise early in 2026 on rate cut bets and safe-haven demand

Spot gold steady at $4,313.29/oz, silver up 0.7% to $71.77/oz, platinum rises 3.5% to $2,125.80/oz, with all hitting record highs earlier this week

Dollar makes a soft start to 2026 after sharpest drop in 8 years

Currency market faces pressure from narrowing interest rate gap, with most currencies gaining against the dollar in 2025, except the yen

Oil edges higher following biggest annual loss since 2020

Brent crude rises to $60.99 per barrel, while U.S. West Texas Intermediate crude reaches $57.56, both gaining 14 cents