Many Americans are surprised to learn that the US imports oil even though it produces enough to meet its own needs. The reason comes down to money and chemistry. The reason comes down to money and ...

How big is Venezuela’s oil industry? Venezuela’s oil industry is about a quarter of the size it used to be. Venezuela has the world’s biggest proven reserves of oil, estimated at more than 300 billion ...

U.S. officials brokered the sale of hundreds of millions of dollars worth of Venezuelan oil to stabilize the country’s economy after capturing its president. By Anatoly Kurmanaev Reporting from ...

Vitol Group and Trafigura Group are in talks with large Indian and Chinese refiners over potential sales of Venezuelan crude, days after they obtained a preliminary green light from the US to market ...

The TrumpRx.gov website helps uninsured & cash-paying patients save on 40+ brand drugs. Here's the complete list of ...

The United States has completed its first sale of Venezuelan oil, valued at $500 million, according to an administration official. Additional sales of oil are expected in the coming days and weeks, ...

The prospect of increased U.S. influence over Venezuela’s oil industry is raising questions about Washington’s potential future role in OPEC, the cartel of global oil producers that President Trump ...

Serbia's energy minister said Monday that the Russian majority owners of the country's largest oil firm, which is under US sanctions, have agreed to sell their stake to a Hungarian energy giant. She ...

NEW YORK, Jan 9 (Reuters) - Commodities trade houses Trafigura and Vitol have agreed to provide logistical and marketing services for the sale of Venezuelan oil at the request of the U.S. government, ...

He said he was not "afraid" of using American troops on the ground in Venezuela. At a Mar-a-Lago news conference Saturday morning, hours after he ordered a military strike in Venezuela and the capture ...

President Donald Trump said Venezuelan authorities "will be turning over" between 30 and 50 million barrels of sanctioned oil to the U.S. after his administration captured the country's president and ...