Guyana, already grappling with falling oil global oil prices, could see a further but gradual decline in the price if the ...
Chinese independent refiners are expected to switch to heavy crude from sources including Iran in coming months to replace ...
When we use our military and roll the dice with the fate of nations, the consequences play out in a much longer time frame ...
As a member of the Organization of the Petroleum Exporting Countries, or OPEC, what happens in Venezuela is of consequence to global oil markets and is of particular importance to American oil majors, ...
Russia and China are the net beneficiaries of Donald Trump’s gunboat plunder of Venezuela and the insouciant betrayal of the ...
Chinese independent refiners are anticipated to increasingly rely on heavy crude from Iran and Russia in the coming months, as Venezuelan oil exports to China stall, according to dealers and analysts.
WTI also rises, and Repsol falls by 2% on the Ibex due to uncertainty about Venezuelan oil. The price of the Brent crude oil ...
Venezuela sits on 300bn barrels of the stuff, more than Saudi Arabia, but owing to years of mismanagement pumps a piddling 1m ...
The Trump administration does not even pretend to care about democracy, human rights, political refugees or victims of ...
Then there are the country’s legal and financial woes. In 2007, then-President Hugo Chavez nationalized the assets of U.S.
In this context, Trump’s official plans for Venezuela’s oil sector would be a headache (if not a disaster) for most of ...
U.S. President Donald Trump is giving U.S. energy companies the opportunity to revive Venezuela’s massive, derelict oil ...