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 ...
President Donald Trump has portrayed his takeover of Venezuela’s oil sales as a victory for America, but when his ...
1530 ET – Crude futures post back-to-back gains and settle higher on the week as perception of rising geopolitical risk in Iran and Russia-Ukraine counter prospects of increased Venezuelan supply ...
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, ...
Oil traders Vitol and Trafigura and Greek tanker owners are diving back into the country after Nicolás Maduro’s ouster.
Trading house Trafigura sold a cargo of Venezuelan oil to a Spanish refiner, while rival Vitol prepared to export Venezuelan fuel oil as shipments accelerate from the OPEC nation under a U.S.-backed ...
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 ...
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 ...
Add Yahoo as a preferred source to see more of our stories on Google. Venezuela will continue to trade oil, Venezuelan President Nicolas Maduro said Wednesday, one day after President Donald Trump ...