The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. September’s World oil output W/O the US increased by 692 kb/d to 72,189 kb/d. Production ...

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The Trump administration has outlined a number of demands that Venezuela must agree to in order to resume oil production, two senior White House officials told CNN. During conversations led by US ...

Palm oil rose as investors hoped for a rebound in Malaysian shipments and further production declines, although swelling stockpiles in the world’s second-largest grower capped gains. There’s some ...

President Trump has made clear he wants to revitalize Venezuela’s oil industry so he can use the cash to make the country great again — but the sector is in shambles after decades of plunder, talent ...

President Donald Trump stated at a news conference that the United States will "get the oil flowing the way it should be" in Venezuela with the assistance of oil companies following the surprise ...

Alain Sherter is a senior managing editor with CBS News. He covers business, economics, money and workplace issues for CBS MoneyWatch. The U.S. strike on Venezuela has renewed focus on the country's ...

CARACAS, Venezuela -- President Donald Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalize it after capturing President Nicolás Maduro in a raid isn't ...

President Trump said Saturday that the U.S. will “run” Venezuela until a transition takes place following the capture of the country’s President Nicholas Maduro. “We’re going to run the country until ...

1522 ET – Oil futures slip into the red as they close out the year with their sharpest annual losses since 2020. Concerns about oversupply with OPEC+ unwinding output cuts and non-OPEC producers ...

Oil prices were headed for a weekly loss of more than 2% as concerns about a looming supply surplus outweigh geopolitical risks. In early trading, Brent crude and WTI both fell 0.2% to $59.69 a barrel ...

A lack of credible alternatives may have left commitments by European food brands and retailers to eradicate palm oil few and far between. Instead, focus has largely shifted to sustainable sourcing – ...