Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.

Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...

The second Trump Administration has brought a flurry of foreign policy changes to the federal government. Its latest action ...

Chevron is holding talks with the Trump administration amid calls by top Republican officials for the company to exit the ...

Trump's executive order to rename the Gulf of Mexico the "Gulf of America" isn't just another absurd stunt or another example of his outlandish behavior.

Oil traders expect OPEC+ to stick with its current supply policy at a review meeting next week, resisting pressure from ...

The United States and Venezuela have a fraught recent history marked by broken diplomatic relations, sanctions and ...

Oilrrigs by Maria Lupan on UnSplash. Venezuela exported large amounts of heavy crude oil to the U.S. before economic sanctions were imposed in 2019 during Donald Trump’s first term. These exports ...

Oil stocks are often volatile, influenced by geopolitics and supply-demand imbalances. Investments in oil stocks should focus on companies with strong financial health and low operation costs ...

Venezuela's oil production is rebounding as tanker ships return to its coast, yet Maduro's recent election is criticized for lack of fairness. Things seemed to be looking up for Venezuela in 2022.

Much hinges on the position the new administration of President Donald Trump in the United States takes on Venezuela. If he continues the hard-line policies of his first term, then sanctions on ...

raising questions about how much President Nicolás Maduro is benefiting from the US company’s oil production in spite of sanctions. Chevron filed documents saying its ventures in Venezuela owed ...