A crude tanker chartered by Trafigura departed on Sunday from Venezuela's Jose port to Louisiana Offshore Oil Port (LOOP), LSEG data and documents showed, the first cargo going directly to the U.S. as
Iran supply risk escalates as U.S. sends warships and sanctions target oil exports. Crude oil futures break key average, signaling extended rally ahead.
Countries across the globe are looking for their slice of the pie when it comes to securing their own sovereignty, says Benoit Gervais. He argues commodities are of critical importance to investors on
The United States is in talks with Chevron , other crude producers, and major oilfield service providers about a plan to quickly raise Venezuela's crude production, Bloomberg News reported on Saturday
The United States has taken the oil that was on seized Venezuelan tankers and will process it in U.S. refineries, President Donald Trump said in a New York Post interview that was published on Saturda
Beijing's moves bought it sway in Venezuela—all of it now subject to the Trump administration's preferences in the wake of Maduro's ouster.
The Mexican government is reviewing whether to keep sending oil to Cuba amid growing fears within President Claudia Sheinbaum's administration that Mexico could face reprisals from the United States o
U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
U.S. President said that an “armada” was heading to Middle East.
Oil prices hit multi-month highs last week as a new wave of civil unrest in Iran raised concerns about supply disruptions. "They were going to hang 837 people," President Donald Trump said in an inter
The first naphtha cargo for Venezuela as part of an oil deal agreed between Caracas and Washington this month arrived on Friday in the country's waters in a tanker chartered by trading house Vitol, sh
The United States, since its 2003 invasion of Iraq, has held effective control over the country's oil revenue dollars, giving Washington extraordinary leverage over Baghdad's affairs, with implication
India can leverage its growing energy demand to negotiate better oil and gas supply deals, Oil Minister Hardeep Singh Puri said on Friday, as its refiners continue seeking alternatives to Russian oil.
Crude oil continues to form a nice trading range as traders are stuck between narratives of trade wars and supply/demand imbalances.
SLB's stock rallies toward a near two-year high after a big earnings beat, adding to the historic gains it has already seen this month.
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