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 ...

Traders are increasingly using tankers to store Russia's Urals crude as demand weakens and customers weigh growing sanctions ...

Oil prices are likely to hold near the $60 a barrel mark this year, as the prospect of oversupply in the market offsets the impact of geopolitical tensions that could disrupt cargoes, a Reuters poll ...

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 ...