Venezuela’s oil exports held steady in May, despite re-imposed US sanctions. Chatham House research suggests that’s unlikely ...

While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining are signing secretive production-sharing deals to operate oil fields and ...

That effort helped crater the Venezuelan economy but failed to achieve regime change. Maduro tightened his grip until the ...

Venezuelan opposition leader María Corina Machado, currenty in hiding in her country, is touting a major economic reform plan ...

Venezuelan Vice President Delcy Rodriguez declared on Thursday that the recent U.S. move to revoke licenses granted to ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

Chevron's license allowing it to produce and export crude to the US ended in early April and the company was allowed until ...

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

Iran also offers the cheapest petrol in the world. Following Iran, Qatar ranks third with 23,871 cubic kilometers of natural ...

Oil prices fell on June 6, but were on track for their first weekly gain in three weeks after U.S. President Donald Trump and ...

Higher crude prices squeeze Indian oil refiners as they have largely kept retail fuel prices unchanged in the domestic market ...