Oil futures slipped amid signs of willingness on the part of the U.S. and Iran to hold talks. For the week, futures posted ...

By Erwin Seba HOUSTON, Jan 30 (Reuters) - Oil prices dipped a few cents per barrel on Friday, consolidating recent gains and holding near six-month highs on Friday, supported by nagging tensions ...

The “general licence” issued by Treasury’s Office of Foreign Assets Control will allow US groups to purchase and resell ...

Amid rusting oil pumps and rigs, once affluent Venezuelan oil towns place their hope in US investment.

Part of the challenge for the Trump administration is that it is pushing oil companies back to Venezuela at a time when low ...

A multimillion-barrel oil glut weighed on results at industry giants Exxon Mobil (XOM) and Chevron (CVX) in 2025, with both ...

Sanctions were eased to encourage US investment in Venezuela's oil sector. Read more at straitstimes.com. Read more at ...

The licence issued by the US Treasury Department Thursday covers a variety of activities that could expedite the movement of ...

Supermajor to focus on boosting production from existing operations rather than fast-track expansion, says finance chief ...

Exxon Mobil Corp surpassed profit expectations as higher oil production and improving refining margins helped offset the blow from lower crude prices.

The Trump administration eases some sanctions on Venezuela’s oil sector, allowing US companies to invest, but excludes firms ...

President Trump’s threats to attack Iran have injected several dollars of geopolitical risk premium into crude — now at US$7 ...