An oil field near Lake Maracaibo, Venezuela. The country likely won’t produce any extra oil in 2026. (Reuters) Oil trader Trafigura Group said it wants to buy crude from Venezuela but warns it will ...

President Donald Trump said Tuesday night that Venezuela will turn over 30 million to 50 million barrels of oil to the United States, to be sold at market value and with the proceeds controlled by the ...

Lloyd's List is tracking an "acceleration" of Russian-flag tankers involved in the movement of Venezuelan-sanctioned oil. In December, 17 sanctioned vessels were reflagged to Russia. New data on the ...

President Trump suggested that the US government could reimburse American oil companies if they invest billions in resuscitating Venezuela’s energy industry. Trump told NBC News that he thinks ...

CARACAS, Venezuela — President Donald Trump said Tuesday that Venezuela would be providing 30 million to 50 million barrels of oil to the U.S., and he pledged to use proceeds from the sale of this oil ...

Retired U.S. Army Col. Jack Jacobs joins ‘Squawk on the Street’ to discuss the challenges U.S. oil companies face in rebuilding Venezuela’s infrastructure, and more. Got a confidential news tip? We ...

President Trump has made clear he wants to revitalize Venezuela’s oil industry so he can use the cash to make the country great again — but the sector is in shambles after decades of plunder, talent ...

LONDON, Jan 6 (Reuters) - U.S. President Donald Trump is giving U.S. energy companies the opportunity to revive Venezuela’s massive, derelict oil industry. It’s an offer they may want to refuse. After ...

The oil market in 2026 will not be about Venezuela but about OPEC+ cutting or not. That’s what Skandinaviska Enskilda Banken AB (SEB) Chief Commodities Analyst Bjarne Schieldrop stated in an oil ...

Jan 6 (Reuters) - Venezuela was loading crude only for ‌U.S. major Chevron on Tuesday, while operations ‌by state-run oil firm PDVSA to load cargoes for its main customers in China remained on hold ...

There are good reasons to celebrate the downfall of the tyrant Nicolás Maduro, as so many Venezuelan exiles did when they heard the news Saturday morning. Not among those reasons: an America that ...