The US says its oil-for-stability plan can revive Venezuela’s economy. The underlying numbers tell a more complicated story.

Petrol and Diesel Prices on January 9, 2026: OMCs update petrol and diesel prices daily at 6 AM, aligning them with ...

Chinese independent refiners are expected to switch to heavy crude from sources including Iran in coming months to replace ...

NEW YORK — Wall Street’s strong start to the year is slowing on Wednesday.

The United States and Venezuela reached an oil export deal following the capture of Nicolás Maduro, President Donald Trump announced on January 6. Under the agreement, Caracas will supply between 30 ...

Shares of major U.S. companies in the energy sector are sharply higher after President Donald Trump announced plans to take ...

A US preemptive strike removes Venezuela’s Nicolás Maduro and hands Washington leverage over the world’s largest proven oil reserves. With China deeply invested in Venezuelan crude and the US blocking ...

As we head into business as usual in 2026, we put the spotlight on how the global energy map is being redrawn. The “battle ...

With the Trump administration seizing Venezuelan oil tankers, demanding the “return” of oil and other assets and threatening war against the Maduro regime, the fate of the world’s largest proven ...

Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing peace talks between Russia and Ukraine, and a wave of oversupply hitting ...

Both West Texas Intermediate crude and the key benchmark for international oil prices are in position to close at the lowest levels in nearly five years. Renewed hopes for a cease-fire between Russia ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw yet another large draw, this time of 9.3 million barrels in the week ending December 12. Crude oil ...