Oil prices gained on Friday as trade talk optimism offset expectations of more supply from Venezuela. However, prices are ...

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) is expected to modestly raise output in August, ...

Oil prices rise as U.S.-EU trade deal boosts sentiment, OPEC+ stays course, and Saudi hikes OSPs, reinforcing a bullish crude ...

Still, gains were capped by expectations of higher global supply. The Organization of the Petroleum Exporting Countries and ...

Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as the loss of the U.S. and European markets was offset by more cargoes sent to ...

Oil prices eased on Friday and settled at a three-week low as traders worried about negative economic news from the U.S. and ...

Oil prices rise as trade-talk optimism appears to offset expectations of higher Venezuelan supply. In early trade, Brent crude is up 0.7% to $68.82 a barrel, while WTI is up 0.8% to $66.54 a barrel.

Following US raids on Iranian nuclear sites, concerns about the Strait of Hormuz’s closure have grown. Over 20% of the world’s oil passes through this important chokepoint; thus, any ...

Iran war oil price hike may not be the windfall that some expect for Venezuela, Mexico, Colombia, and other Latin American oil producers.

Dante Espinoza takes a look at the available data on Venezuela’s economy and communes to see how well claims the Maduro ...