Former OPEC president Diezani Alison-Madueke appeared in a London court on Monday, ahead of her full trial on bribery charges ...

President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of ...

Companies that already have operations in the country stand to benefit, but those that have profited from a standoff between ...

Bringing Venezuela’s output under U.S. control has the potential to disrupt the power balance in the world market.

The prospect of increased U.S. influence over Venezuela’s oil industry is raising questions about Washington’s potential ...

Add Yahoo as a preferred source to see more of our stories on Google. The Department of Justice has admitted that a drug cartel cited by President Donald Trump as a justification for his military ...

The Department of Justice significantly reduced reference to the Cartel de Los Soles in an updated indictment of Venezuelan President Nicolás Maduro who has been charged “with narco-terrorism ...

(RTTNews) - Crude oil surged on Monday after the OPEC+ alliance reaffirmed its plans to pause production increases for early 2026, thereby allaying oversupply concerns. In addition, Russia and Ukraine ...

Eight OPEC+ countries met virtually on January 4 'to review global market conditions and outlook', a statement posted on OPEC's site highlighted. Image by kckate16 via iStock A statement posted on ...

Oil prices edged lower on Monday morning, after the Opec+ alliance decided to leave output levels unchanged for the first quarter of 2026 amid a looming crisis in Venezuela and tensions flaring ...

OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group’s members. Sunday’s meeting of eight members of ...