Ronald Herrera remembered the prosperity that Puerto Cabello enjoyed decades ago as home to the El Palito refinery -- once a ...

If they want to start winning elections again, Democrats will have to reconnect with everyday Americans. A step in that ...

Venezuela’s legislature is debating a major overhaul of its oil sector, the first since Hugo Chávez's era. The proposed law aims to loosen state control, allowing private companies more freedom ...

President Donald Trump has called on U.S. oil companies to invest in Venezuela after the overthrow of President Nicolas Maduro. Venezuela, a founding member of OPEC, sits on the largest proven crude ...

HOUSTON, Dec 31 (Reuters) - U.S. imported the least amount of crude oil last week in nearly five years, data from the Energy Information Administration showed, as companies looked to dodge a hefty ...

Crude oil stocks, not including the SPR, stood at 424.8 million barrels on December 19, the EIA's latest weekly petroleum status report showed. Image by peshkov via iStock U.S. commercial crude oil ...

January WTI crude oil (CLF26) on Friday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0069 (+0.41%). Crude oil and gasoline prices settled higher on Friday. Crude prices are ...

Crude oil is flashing a strong long-term buy signal based on extreme money manager short positioning. Historical patterns show that high short-to-long ratios in oil futures reliably precede extended ...

After the U.S. seized a tanker carrying Venezuelan crude oil, the shadowy fleet of "ghost ships" used to evade sanctions drifted squarely into President Donald Trump's crosshairs. On Dec. 10, Trump ...

US crude oil inventories for the week ended Nov. 28, excluding the Strategic Petroleum Reserve, increased by 600,000 bbl from the previous week, according to data from the US Energy Information ...

Imports rise 4.88% y/y in November, up 5.24% from October Daily import volumes reach highest level since August 2023 Imports from Saudi Arabia, Iran rise from October, Russian imports fall - Kpler ...

Crude oil is historically very undervalued versus gold, with the gold-to-oil ratio near modern record highs above 70x. Market sentiment may be overly bearish on oil, as commercial traders are nearly ...