Reviewed by Samantha Silberstein The price of oil is one of the most closely watched economic trends in the world. It affects the economies of every nation, and petrostates such as Venezuela are ...

This type of oil is difficult to produce and transport, and few refineries in the world will take it. But producers in Venezuela have plenty of ... to determine just how much oil is there, and ...

Venezuela's exports of crude and fuel rose in February to their highest since November, vessel monitoring data showed, as the ...

The Trump administration formally revoked on Tuesday the license that allows oil giant Chevron Corp. to sell Venezuelan oil ...

The Trump administration said on Tuesday it was ending a license that the U.S. had granted to oil producer Chevron since 2022 to operate in Venezuela and export its oil, after Washington accused ...

President Trump on Tuesday reversed a Biden-era license that allowed the oil giant to operate in Venezuela despite US sanctions ...

The Trump administration’s decision to revoke the licenses allowing Chevron and other international companies to produce oil in Venezuela is likely to have a debilitating impact on the Caracas ...

More than 7.7 million Venezuelans have left their homeland since 2013, when the oil-dependent economy ... The U.S. government does not recognize Maduro as Venezuela’s president.

Venezuela's oil output and exports have grown since Chevron was granted the license in late 2022, providing a reliable source of revenue to President Nicolas Maduro's administration. The company ...