Chevron CEO Mike Wirth said on Friday the U.S. oil major can process an additional 100,000 barrels per day of Venezuelan ...

Chevron (CVX) said total net oil-equivalent production in the fourth quarter increased 20.7% from the same period a year ago, and was up 12% for the year to hit record levels. Exxon (XOM) said it had ...

One of China’s largest regular buyers of Venezuelan crude is making bids for Canadian cargoes as a replacement, after US intervention in the Latin American country upended global flows and lifted ...

Crude imports hit record highs, with December stockpiling estimated at 2.67 million bpd—the fastest pace since 2020—as ...

Dangote Refinery is now processing lighter crude oil to maintain production as its key Residual Fluid Catalytic Cracker (RFCC ...

The Middle Eastern crude oil market is showing more signs of weakness amid growing concerns about a global glut that could drag prices still lower. The discount of the regional Dubai benchmark to ...

Most of the reserves in the country are extra-heavy oil that’s tough to extract and generates more greenhouse gases. By Lisa Friedman Reporting from Washington Venezuela’s oil reserves, thought to be ...

President Donald Trump has called on U.S. oil companies to invest in Venezuela after the overthrow of President Nicolas Maduro. Venezuela, a founding member of OPEC, sits on the largest proven crude ...

'Fast Money' trader Katie Stockton talks technical indicators she is seeing in the crude oil markets right now. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and ...

January WTI crude oil (CLF26) on Friday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0069 (+0.41%). Crude oil and gasoline prices settled higher on Friday. Crude prices are ...

Global crude oil prices surged more than 2% early on Wednesday, after President Donald Trump ordered a blockade of all “sanctioned oil tankers” entering and leaving Venezuela. Trump announced a ...