The Trump administration has eased sanctions on Venezuela. A new license allows US oil companies to export, sell, store, and refine Venezue...

America will permit Venezuela to sell oil currently under US sanctions. Revenue from these sales will initially fund essential government s...

Venezuela aims to increase oil output significantly this year. New reforms will allow private companies to invest in the nation's oil secto...

In the wake of her predecessor's departure, Delcy Rodríguez has taken the reins as Venezuela's interim leader, encountering a landscape rid...

Despite the cheer in Washington and celebrations amongst the Venezuelan diaspora, Venezuela's future remains uncertain. Maduro may be out, ...

America is taking charge of Venezuela's oil sector, but that is unlikely to change oil prices immediately. Years of neglect and sanctions h...

The US operation to remove Nicolás Maduro in early 2026 sent a strategic message to China, signaling limits to foreign influence in the Wes...

U.S. forces intercepted an oil tanker off Venezuela's coast for the second time in two weeks, escalating pressure on President Nicolás Madu...

International Brent crude futures were at $66.55 per barrel, up 24 cents, or 0.4%.

The Bharat Bandh called by the opposition to protest against the fuel price hike and falling rupee pushed the BJP on the backfoot.

If some countries report total oil reserves discovered instead of oil still to be extracted, remaining global oil reserves could be much lo...

Hillary Clinton made a new vow to confront OPEC, after oil broke the symbolic 120 dollars a barrel barrier on the eve of the next White Hou...

Venezuela moved to take a greater cut of windfall oil profits, approving a 50 percent tax on foreign oil companies when crude tops $70 a ba...

A New York federal judge on Wednesday affirmed a freeze of 300 million dollars of assets owned by Venezuela's state oil company following a...

Gulf states, including Saudi Arabia and the United Arab Emirates, may revalue their currencies while maintaining their pegs to the US dolla...

US oil giant ExxonMobil said on Thursday has asked for international arbitration as it seeks compensation from Venezuela after it pulled ou...

Iran isn’t the only oil producing country making use of its newfound bargaining power.