Revoking Chevron’s license in Venezuela could drive oil sales back underground, reducing transparency and benefiting corrupt ...

Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and ...

The Trump administration formally revoked on Tuesday the license that allows oil giant Chevron Corp. to sell Venezuelan oil in the United States, giving the U.S. company only 30 days to wind down its ...

Facing the imminent withdrawal from Venezuela of U.S. oil giant Chevron Corp. , strongman Nicolás Maduro is rolling out the ...

Venezuelan President Nicolás Maduro insisted Thursday that his country’s oil production would drop “not even a liter” despite the U.S. ending Chevron’s license to export crude.

The revocation of gas and oil licenses ends a financial lifeline for Venezuela, with catastrophic consequences.

By Rebecca F. Elliott President Trump said on Wednesday that he would revoke a Biden-era policy that allowed more oil to be produced in Venezuela and exported, dealing a blow to the country’s ...

The political news situation will determine whether the price of Brent oil stays around $70 per barrel, which it has been for ...

The U.S. Energy Information Administration has revealed its latest Brent spot price forecast for 2025 and 2026 in its March ...

Crude prices ended a seven-week decline, eking out a small weekly gain as prospects of a quick end to the Russia-Ukraine war ...

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

Venezuela’s oil production had plummeted to almost 400,000 barrels per day in 2020, a significant decline from the 3.2 million barrels per day produced before the late President Hugo Chávez’s ...