President Donald Trump has portrayed his takeover of Venezuela’s oil sales as a victory for America, but when his ...

Oil futures settled lower in a rangebound session, supported in part by the loss of some U.S. production to winter storm Fern and gains in diesel prices as heating fuel demand rose.

Global trading houses are back in Venezuelan oil, with Vitol and Trafigura authorized by the Trump Administration to market ...

US government-backed deals to export Venezuelan crude from the beleaguered South American country have attracted interest from some of the world’s biggest majors and international trading houses, ...

The U.S. has seized five vessels in Venezuela oil crackdown as Trump administration files court warrants targeting sanctioned ...

Oil traders Vitol and Trafigura and Greek tanker owners are diving back into the country after Nicolás Maduro’s ouster.

Tanker seizures risk removing up to 500,000 barrels per day of Venezuelan supply if storage constraints force production shut-ins. Venezuelan heavy sour crude is difficult to replace, creating ...

Shell Plc said its oil trading performance worsened in the fourth quarter as crude prices slumped, adding to signs that Big Oil is heading into a tougher earnings season.

Canada and India will pledge to expand trade in oil and gas as the countries reboot their relationship after a diplomatic ...

India's crude oil imports from Russia are experiencing a notable transformation, with a significant decline in shipments from ...