ExxonMobil CEO Darren Woods told CNBC that Venezuela needs to transition to representative government for the oil major to consider investing. Woods told President Donald Trump earlier this month that
Both Chevron and Exxon Mobil both said production of oil and gas reached historic levels, but also saw profit and revenue decline as energy prices fell.
Last year, crude oil logged the biggest annual price decline since 2020.
Exxon Mobil beat Wall Street targets in fourth-quarter earnings reported on Friday, with lower-cost oil production in the Permian Basin and Guyana helping to boost the No. 1 U.S. oil producer's result
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 s
Chinese state oil firm CNPC plans to restart a unit at its refinery in the northeastern city of Dalian, months after closing it, as it pursues big margins from processing discounted Russian oil, sourc
OPEC+ is likely to keep its pause on oil output increases for March when it meets on Sunday, five delegates told Reuters, even as crude climbs above $70 a barrel on concern the U.S. could launch a mil
Natural gas and oil prices pull back near key support as geopolitical risks, supply disruptions, and technical levels shape the next energy market move.
Oil prices were mixed in the morning Asian session, but may be supported by lingering U.S.-Iran tensions that could lead to supply disruptions
Oil is picking up gains as President Trump hardened his tone against Iran.
Lawmakers approved in a final vote on Thursday a sweeping reform of Venezuela's main oil law after sweetening a proposal by interim President Delcy Rodriguez to lower taxes, expand the oil ministry's

US eases sanctions on Venezuelan oil industry

04:59pm, Thursday, 29'th Jan 2026
The Trump administration on Thursday eased some sanctions on the Venezuelan oil industry as it seeks to expand production there after U.S. forces ousted the South American country's President Nicolas
Crude oil broke above key Fibonacci resistance and the 200-day average, signaling improving momentum and opening the door to further upside if support holds.
Market Domination Overtime anchor Josh Lipton breaks down the latest market news for January 29, 2026. US lawmakers continue their negotiations as the Friday deadline to avert another government shutd
President Trump warned Iran that time was running out for nuclear deal.
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