This used to be one of the world's most productive oil basins, and along with the city of Maracaibo, across the lake, is seen as key to President Donald Trump's plan to get US firms to invest $100bn ...

Eight sanctioned tankers are travelling through the English Channel despite promises by the UK government to take decisive ...

SINGAPORE: Oil prices slipped more than 1% on Friday from multi-month highs, though they are set for their most substantial gains in years, as the risk premium surged due to a potential U.S. attack on ...

The legislation promises to give private companies control over the production and sale of oil and allow for independent ...

The United States will allow Venezuela to sell oil that's currently under American sanctions and use the proceeds to pay for ...

WASHINGTON, DC – In the weeks since the United States snatched Venezuelan President Nicolás Maduro, the Trump administration ...

U.S. sanctions on Russia and Venezuela have boosted tonne-miles, increased floating storage, and shifted trade from shadow ...

First assembled by Iran in the 2010s, the loose fleet that exclusively ships oil under Western embargo has more than doubled ...

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Global trading houses are back in Venezuelan oil, with Vitol and Trafigura authorized by the Trump Administration to market ...

France's interception of an oil tanker suspected of being part of Russia's "shadow fleet" draws attention to how the vessels ...

Mexico's pivotal role in sending oil to Cuba has also put the U.S.' southern neighbor in Washington's crosshairs. President ...