Reliance Industries said on Tuesday it is not expecting any Russian crude oil deliveries in January. The private refiner, ...

The US oil industry faces a long road ahead in Venezuela, with multiple headwinds in a potential rebuild of the country's oil ...

Investors look to safe-haven assets like gold and silver to limit risk from the ongoing political instability in Latin ...

Crude oil prices rose on Monday, a signal that the market might not believe a revival of Venezuelan oil is coming anytime ...

WTI crude is entering the new year on the back foot, trading just under $57 a barrel on Monday after another failed attempt ...

President Donald Trump has floated a plan for U.S. oil companies to help rebuild Venezuela’s oil industry. Chevron jumped 5.1 ...

Oil prices settled up $1 a barrel on Monday as traders assessed the possible impact on crude flows from Venezuela, home to ...

Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The ...

While the immediate effect on oil market is seen as limited, the change in control over Venezuela's vast oil reserves poses ...

While Washington is urging U.S. firms to re-enter Venezuela and heavy crude is in strong demand, companies remain wary.

If Venezuelan oil starts flowing again, especially under American control, experts say it's an undeniable economic threat to ...

The Trump administration has assessed what it’s calling the largest civil fine ever for an offshore oil spill in 2023 off the ...