U.S. producers remain cautious despite political support, sticking to capital discipline amid weak prices, oversupply fears, ...
Two oil tankers quietly departed Venezuela around New Year’s Day carrying sanctioned crude—one headed toward Iran, another ultimately bound for China. Shipping data suggest these were the final ...
The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. — a shipment the president valued at $500 million. It's part of the administration's push to tap into ...
The U.S. Energy Department is exploring the possibility of exchanging heavy Venezuelan crude oil for U.S. Two sources told Reuters on Friday that medium-sour crude oil would be used to replenish the ...
Venezuelan crude oil is being shipped to the U.S. at speed and in bulk following the arrest of former President Nicolás Maduro, according to a maritime intelligence analyst. As many as "15 very large ...
Energy Secretary Chris Wright said on Wednesday the Trump administration will oversee the sale of Venezuelan oil and control the proceeds under a new export plan designed to get crude flowing again ...
U.S. crude oil inventories fell more than expected last week while product stocks continued to see substantial builds, according to data released Wednesday by the U.S. Energy Information ...
CARACAS, Venezuela (AP) — President Donald Trump said Tuesday that Venezuela would be providing 30 million to 50 million barrels of oil to the U.S., and he pledged to use proceeds from the sale of ...
Jan. 7 (UPI) --Venezuela's state-owned oil company, PDVSA, said Wednesday it is negotiating with the U.S. government to sell crude oil, marking a significant shift in energy ties between the two ...
Venezuela's state-run petroleum company said Wednesday that it is in "negotiations" with the United States to sell Venezuelan oil to the U.S. Petróleos de Venezuela, S.A., or PDVSA, said in a ...
1458 ET – Crude futures settle lower with U.S. benchmark WTI underperforming Brent as the U.S. said it will receive up to 50 million barrels of sanctioned Venezuelan crude and continue controlling ...