American oil companies have long hoped to recover the assets that Venezuela’s authoritarian regime ripped from them decades ago. Now the Trump administration is offering to help them achieve that aim ...

Weak oil demand, not supply, is driving current low oil prices, with global manufacturing and industrial production downturns being key contributors. In terms of the US, oil demand has been robust but ...

LAUNCESTON, Australia, Aug 4 (Reuters) - A couple of months ago it would have been a brave call to say that OPEC+ would be able to bring back 2.5 million barrels per day of crude production and still ...

Oil prices surged past $70 per barrel on Friday, following heightened tensions in the Middle East as Israel struck Iran overnight with what the Jewish nation described as strategic strikes on Tehran’s ...