The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. September’s World oil output W/O the US increased by 692 kb/d to 72,189 kb/d. Production ...

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The Trump administration has outlined a number of demands that Venezuela must agree to in order to resume oil production, two senior White House officials told CNN. During conversations led by US ...

HOUSTON/WASHINGTON, Jan 6 (Reuters) - Caracas and Washington have reached a deal to export up to $2 billion worth of Venezuelan crude to the United States, U.S. President Donald Trump said on Tuesday, ...

Palm oil rose as investors hoped for a rebound in Malaysian shipments and further production declines, although swelling stockpiles in the world’s second-largest grower capped gains. There’s some ...

President Trump has made clear he wants to revitalize Venezuela’s oil industry so he can use the cash to make the country great again — but the sector is in shambles after decades of plunder, talent ...

President Donald Trump stated at a news conference that the United States will "get the oil flowing the way it should be" in Venezuela with the assistance of oil companies following the surprise ...

Maduro’s arrest raises fresh uncertainty over who controls Venezuela’s oil and how exports are managed. Chevron is best positioned if sanctions ease, but reviving production would take years and ...

Jan 5 (Reuters) - China is a major customer of and investor in Venezuela's oil sector, which President Donald Trump aims to revive following the U.S. military's ouster of President Nicolas Maduro on ...

Alain Sherter is a senior managing editor with CBS News. He covers business, economics, money and workplace issues for CBS MoneyWatch. The U.S. strike on Venezuela has renewed focus on the country's ...

U.S. October oil production increased by 31 kb/d to 13,870 kb/d, another new record high. Texas’ October production decreased by 45 kb/d to 5,753 kb/d, according to the EIA, and is 87 kb/d lower than ...