As U.S. President Donald Trump moves quickly to put together a $100 billion effort to revive Venezuela's oil industry, the ...

The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping ...

President Trump has said Venezuela "unilaterally seized and sold American oil." But the history between the countries is far ...

Oil futures and shares of energy companies rallied, after President Trump ordered a blockade of sanctioned tankers entering and exiting Venezuela. In recent trading: Brent crude, the global benchmark, ...

With a massive U.S. naval fleet presence in the Caribbean, President Donald Trump ordered a blockade of sanctioned oil tankers going to and from Venezuela. This could be a more effective strategic ...

Global crude oil prices surged more than 2% early on Wednesday, after President Donald Trump ordered a blockade of all “sanctioned oil tankers” entering and leaving Venezuela. Trump announced a ...

HOUSTON, Dec 11 (Reuters) - Oil prices fell on Thursday as investors focused on Russia-Ukraine peace talks and eyed large surpluses in U.S. gasoline and diesel inventories. Brent crude futures settled ...

White House press secretary Karoline Leavitt said the U.S. plans to take control of the oil currently on a tanker off the coast of Venezuela that was seized by U.S. forces Wednesday. Trump "talks a ...

Venezuela on Wednesday condemned the U.S. seizure of a sanctioned oil tanker off its coast, calling it an "act of international piracy." "The Bolivarian Republic of Venezuela strongly denounces and ...

Crude oil futures added to gains Wednesday after President Trump said U.S. forces intercepted and seized a sanctioned oil tanker off the coast of Venezuela, marking a major escalation in the ...

Hungary said oil flows from Russia via the key Druzhba oil pipeline continued after it came under attack by Ukraine. Mol Nyrt, Hungary’s main oil company, said that imported crude flows through the ...